I would have thought you get better value for your takeover dollar now than 6 months ago.
It could be good to wait for a genuine increase in commodity prices before MOL make a move. They now have a small office with only enough employees you can count on one hand. Not long ago you needed to use both hands as well as feet.
I think they may bed down for quite a long time, and why not? There's a good nearby coffee shop and Mondays is lasanga day. What more would you want? Home by 5pm to watch the sunset over the ocean.
MOL Price at posting:
11.5¢ Sentiment: None Disclosure: Held