NW, my biggest fear is a buyout bases on these low levels. Thoughts
1. Contitnetal owns more dollars of Bunge stock that us. Continental's CEO saved BG from a hostile takeover by ADM and another. But BG's stock is lower now than before ADM entered the picture. They would like it higher?
2. Three 3 long term board members who might have voted for against selling the company are gone, Henk, Goldman, and Halpern.
3. Newest bord member Bradly took a public company private, then sold it to another for a higher price.
4. Chemero and Rosenthal were both involved with Comscore or Real Track that merged and the Comscore shareholders got screwed when the Realtrak stock lost 1/2 of it's value because of bad financials. Lawsuit and shareholders won, but lawyers got half.
5. Gendason is the senior VP of investments for Continental.
6. Rystrom was brought on after Gendason got her.
7. Bonnner is the only pure food board member.
A buyout from here and the stock goes up, but.................
I sure hope they get a PR out soon poo pooing my thoughts with some real positive news. But, why all these buyout experienced people on our board and only 1 pure food board member?
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