I agree it’s a bit scary without the $0.845 blocking order.
Maybe Manipur are confident they have enough of a blocking stake already? Maybe Manipur are also testing current market sentiment in the absence of the Manipur ‘security blanket’ especially in light of the latest scare email sent by RG yesterday. If the latest email wasn’t enough to scare many shareholders into selling then it’s unlikely they will sell with subsequent communications from RG Maybe Manipur are trying to demonstrate this sentiment to RG to get him to end the $0.84 bid?
PGH Price at posting:
84.0¢ Sentiment: Hold Disclosure: Held
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