spiro,
hit the nail on the head. Alot when downramping this thing prior to the announcement of a $32billion MOU, and now, there still having a go at the stock and its management for so-called wishful thinking!! I just dont understand what kind of announcement would have pleased them, if any.
Realisitically, you dont sign or comit to any MOU unless you know the enormity and scale of the job ahead. IMO, i prefer that it is a MOU rather than a deal. Why? MOU's provide more motivation for management to succeed in securing such a deal. The news flow between now and August should be more transparent as management have indicated that several groups have approached them to secure their piece of the deal, and this will transpire into price-sensitive announcements, aiding the SP.
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spiro, hit the nail on the head. Alot when downramping this...
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