I've been thinking ... uh ... always dangerous. It seem to me possible that listing the Thai & the Greenfield companies is a feint with two purposes: a) to show the market that there have been legitimate bids in a effort to raise the stock price the last nine trading days -- raising the value of the company; and, b) to conceal the real negotiations going on behind the scenes between the "real" competitive bids. Obviously, several companies could outbit PT Global. I think it's unlikely that Greenfield Global would get the nod, since it's old CEO now works for that company. But ... what do I know?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.