SnowThere is another option. TATA are ruthless and know that...

Snow

There is another option. TATA are ruthless and know that their failure to commit will drive the share price further down even further and allow them the snap it up for much less than what would be needed now.

The management of this company has been saying that DYE's share of the value proposition is between $50-75 a square metre. If TATA are going to run with this technology, they will want that 50 to 75 for themselves. The longer they take to commit the more chance they have of achieving that aim.

A company that turned to Springtree is probably smart enough to see this. Or let's be honest, even if they do, they are powerless to do anything about it. This wagon is well and truly pitched to that horse.