What is the Jindal executive prattling on about..... "The executive also said that Jindal is in the process of conducting due diligence on Rocklands Richfield. Initially [in September], we had bid for the company at 42 cents a share, and the current bid we submitted a few days back was at 56 cents a share. So there's more due diligence that needs to be done as this bid values the company higher," the executive added."
The 11th September 42c offer disappeared on 10th November when Jindal matched meijin at 52c, so they should have been doing their increased due diligence from right about then. The final increment of 4c is stuff all. Time Jindal told these monkeys to put down a firm offer or rack off.
RCI Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
