Is this FMS trying to swallow TIO where TIO (frog) got sucked into FMS (bird) by Nick Curtis with the allure of lots of cheap iron ore but now TIO (frog) doesnt like the cost of being swallowed so is holding the throat (keeping the cost down)...
OR
Is this TIO trying to swallow FMS where FMS (frog) is saying it doesnt like being swallowed up by bird (Todd) with such little effort.
I do wonder sometimes...but either way never give up or sell into such offers.
Comments on Revised Takeover Bid, page-59
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