You know Massey Ferguson use to go on about the calendon option...

You know Massey Ferguson use to go on about the calendon option and I use to yawn...but maybe he had something...

As if they are really under no pressure to convert the option in terms of timeframes, it could be a masterstroke in a couple of years with decent production figures (and significantly higher sp but with ORD able to buy 10% at cost of acquisition).

But sp not going to do much for long term plays like calendon option which appears to me more of that ilk