I think it must be part of the rout going on in the commodities space. ILU is now down to $5.60 and has fallen 3.6% today.
Does MDL or its subsidiary have an issue with its borrowings being too high relative to income?
Where is the safe bottom is all I wan to know?
The departure of the CEO does not look amicable. Not sure what he could do about the JV operations.
At least there is a buyer willing to mop up at lower prices.
loki
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