re: signed sealed but what is delivered I suspect the "Memorandum of Understanding" signed today is really more ceremonial than anything contractual. It is possibly more like a non-binding agreement to have a closer look at it, and as such can just as easily result in nothing.
Hopefully, it will lead to something more binding soon.
In either case, I suspect this also means that other parties can still get a look in on Ramu as HIG has suggested, but this may occur after some exclusivity time period in the memorandum.
This is just my gut feeling, and I have no basis for any of this.
I suspect this is the reason HIG is not saying anything and why the share price is not really reacting meaningfully.
Fingers crossed though as I hold HIG.
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