oh yeah, another bid would trump all. Signing a debt deal would be good for longs in the long run. In the short term it may have mixed results as it would kill the existing Inmet offer which would remove current support for share price. Could / would Inmet come back with another offer? Possibly but it would have to be higher since PTQ would be in a stronger position. So I would see an intial dip and then move higher if Inmet came back to the table. All speculation that is worth nothing.
Nice volume today. Always a good sign.
JFF7
disclosure: I only have a trading position.
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
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