MOS 0.00% 16.5¢ mosaic oil nl

yep, am not surprised.14 days to elicit a Board recommendation...

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  1. 6,942 Posts.
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    yep, am not surprised.
    14 days to elicit a Board recommendation on an unsolicited bid, for an asset which MOS and its s/h don't even know what its worth, was a bit of a stretch.

    i think what this t/halt tells us is:
    1. proposal has not been rejected
    2. Board is negotiating a higher price (my wish)
    3. Board is looking at "strategic alternatives"
    (a) selling-off SUGS
    (b) J/v SUGS
    (c) soliciting competing bids

    There are still a few very major questions this Board need to answer.

    I am glad though, that a t/h has been called, because it will stop insider trading.

    cheers
 
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