Guys Ferrovial are playing this very smart and dumb at the same time.
in one hand they say their offer is great considering that BRS may loose the immigration contract and then today they pretend its the end of the world because there is another player in the contest and BRS may loose?
Lots of BS, however this working well on weak shareholders and has had the desired affect of pushing down the price to make their offer look superior.
it would not surprise me that they are selling some of the shares which i am certain they already own to magnify the downtrend.
BRS Price at posting:
$1.09 Sentiment: Hold Disclosure: Held