Glad to see someone else feels the same, perhaps a few emails to Fischer and Co letting them know how we feel.
I am sure that if they offered 62mil shares at 80c a share to exsisting shareholders we would have taken up the full amount. The Board have sold us out, and asked for a very nice bonus to be agreed at the AGM on Monday, what a joke.
Are the Directors aware of whats going on in the world outside of MOL. Do they really think that they have any chance of getting this past Swann. Its going to be very interesting to see how this plays out in the coming weeks.
One thing is for sure the Iron Ore side of things is a definite, providing TCW play ball, and why would;nt they.
MOL Price at posting:
$1.40 Sentiment: None Disclosure: Held