InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,476.00
(
1.10%
)
Dow Jones
42,352.75
(
0.81%
)
Brent Oil
77.97
(
0.00%
)
Bitcoin
62,204.72
(
0.21%
)
Post# of 26631
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Lojiko

Send PM Follow Ignore
Followers 10
Posts 4320
Boards Moderated 0
Alias Born 12/28/2007

Lojiko

Re: sabfour20 post# 18410

Tuesday, 11/06/2012 5:15:15 PM

Tuesday, November 06, 2012 5:15:15 PM

Post# of 26631
I'd like to see more examples, but point taken.

The way I see it is that if the issues that drove the hostile takeover have not been resolved, then Inmet has no choice but to try other avenues of getting what they want or raise the bid. IMO, their HT attempt came off as desperate, which doesn't usually lead to lower offers. There may still be issues that we're not aware of that make a takeover necessary for Inmet. We eventually got nearly a 100% premium on our previous SP, so trading at $0.50/sh now, I don't think $1/sh is out of the question in a subsequent attempt.

Personally, I'm hoping for a JV and that the rumor mjk posted about Inmet and PTQ settling all their issues comes to pass.

"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." -- Thomas Jefferson

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

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.

Sign Up