re: Ann: Strategic Vision - Buildings as Powe...
Because they wouldn't get it for current market price...
If there was a takeover offer from Tata tomorrow, we'd KNOW they were going ahead with mass production or they'd have no reason to buy it. If I KNEW they were definitely going ahead, they could have 5% of my shares at $2.50 another 10% at $5 another 10% at $10 and the other 75% at $30!
I don't mind whether they announce an investment in the factory to mass produce DSC steel, or announce they intend to make a big investment in Dyesol. Either way it would confirm 100% they're going full steam ahead... I think they realise the factory would be A LOT cheaper than a successful takeover of DYE :)
GSL Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held