Ahhh our old friend Bob.
FYI Bob is best mates with Quinten from Novo. Probably enjoyed many steak and wine dinners whilst devising their plans to can get maximum reward from a little Nugget hype.
Novo and MOY have talked many times and i believe got very close to a deal. The problem was Novo believes they have the upper hand and were demanding a better deal than they are entitled to. Hence his reference "Novo got it, Millennium didn't.".
No Bob MOY gets it and Novo doesn't. the person with the mill dictates the terms not the guys with some drill holes. The day Bob stops bagging MOY will be when both companies take advantage of the synergies. Until that time he will continue trying devalue MOY through his opinions. Take no notice of that clown.
MOY Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held