hi sunny
To clarify the reason I bought and have held mos for a long time is because of their potential for a takeover(such as the AGL offer).which is fair value on current assets and current market position
However the value placed doesnt take into account the potential off underground storage..
this should have been sold up by the board and I am as pissed as you that this has happened.
I mearly took the time to contact the company and relay the complaints on hear in a rational manner to get there response .Which I then relayed to this hot copper forum.
maybe you can show us the RIDUCULOUS LEVELS OF CASH AND ASSETS that mos has. check out the RBS valuation as at 1 july and tell me where you think they missed anything substantial...
The problem is the ug storage has currently no real value and is very hard to sell to anyone ...this is why its on the books at zero.
I am as interested as you in getting the most out of my MOs investment. Dont shoot the messenger for relaying what i know.
If you want answers phone and ask yourself as you are obviously unappreciative of my efforts
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