Looks like some big interest in the Midwest Co's, both MIS and GBG shot up around midday, could be a good couple of days around the corner. I personally don’t think Ansteel would be happy just to hold their 12% of GBG, with the SP looking pretty low these days now is the time to increase their share holdings / interests at a bargain price. Come EPA approvals / financing lock away within the next 6 months the old GBG will not see these prices ever again.
Enjoy the New Year all.
Regards
Frank
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held