Good question ciccos. Nothing will happen until PRU issue their Bidders Statement which should happen by months end. I don't think SVM have to do anything yet because they have the backing of the ORR board and the big players in ORR invested in the company not only because of the asset but because of our highly respected and credentialled board and will more than likely follow the boards recommendations. So you would think that PRU would need to make the next move and make their offer much more superior to get the ball rolling.. Hey but what do I know. I just want this to now be resolved quickly.
ORR Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held
