Ann: Improved POSCO proposal and intention to recommend, page-68

Agreed dartboard. Don't think the $4.60 + 5c divi is the last on the table. The manipulators, bots, shorter and the cowboys are trying their best to keep a lid or run for cover with what ever they can make. The sharks are circling for the right moment to pounce. While it is difficult to say when but my thinking is that they areclosely monitor over the next couple of weeks before making a move. Let's hope a knock out bid is well north of $5.
Like many posters here and holding a decent size parcel the current bid is quite laughable. Canacord's recent report on sxy (released prior to the todays offer)has stated the offer of $4.40 does not reflect any takeover premiums. Normal TO premium is in the region of 30-40%above the valuation of $4.40. Thus, a reasonable TO price should be in the region of $5.70-$6.20.
As stated in my previous post let us retail/small SH (holding over 51% of the voting power) state our objection by clearly opposing the current bid. Just MHO.