Until now I’ve not ruled out a takeover by Gina and a partner she can find.
She’s got no board seat, has been getting regular updates, probably has people within already, and she can only find KV more attractive by the day
I’m not excluding the possibility of a hostile one even if I have doubt it will succeed. There are no friends in business and she’ll acquire this at the least possible price - she operates quite ruthlessly ie ago, wgo are just two examples, when she’s hungry, and of course she alr blocked Ltr deal. She’ll likely supply both India and China
250 million shorts now. One wonders how much lower they’ll push this considering it is now valued less than azs and also $9 billion less than the closest peer
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