biggest blunder

The biggest mistake in MMX's history is my opinion was when they made the first takeover offer for MIS around a year ago. MIS said they would prefer MMX rather then SINO to take them over ,just raise your bid to match SINO and its a done deal, but MMX wanted MIS at a bargin or nothing, if MMX had just raised their bid this merger disaster never would have happened, and MMX would be one of the largest iron ore producers in the country, l'm quessing the share price would be around $8-$10 now not a lousy $2.8