I think we are the only ones that have a brain interpreting that the deal was crap in the first place and now that its off we can acquire the better one. I know that Bakrie is in talks with a large european investor for geothermal and coal plants in indonesia. He is seeking about 3 billion but hasnt specified the allocation. From my understanding, you wont see major movement until bakrie and rothschild and the board of bumi settle their short term indifference's. i'm keeping a close eye on this space. Could rothschild pump money into geothermal in a deal sweetener to remain on the board??
I have a copy of the article but i am not sharing with the bears on here. if you dont find it by tomorow, i might post it :/, ill think about it. search and you will find.
Great Day!
PAX Price at posting:
1.2¢ Sentiment: ST Buy Disclosure: Held