I think they run everything by their lawyers now to make sure they can have a loophole under the forward looking statements clause. Have to word things just right just in case the deal falls through ;) Note the ambiguity in the recent PR about a deal between 2 unknown parties somewhere in the ME. The ball was placed in the unknown buyer/buyers' court. Pretty vague and covered by the forward looking clause imho.
The problem is that the $350 million cement deal PR was false, as were PV's statements that AFs were in hand. They are in full CYA mode now going forward imho. Only time will tell if their sloppy lies between August and November come back to haunt them legally. It certainly came back to haunt the shareholders but that's not a concern of mgmt, imho.
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