I wasn't prepared to sign wrt mine at this stage, but only because you never know what you may need to do in this global mess. Nevertheless I have no intention to accept. I suspect many in the same situation, and if people could see their portfolio's bounce a little more they will put even less value on the 50 cent per share offer.
Atm anyone who dis like COE should be buying IPM as if the bid fails they have made an astute investment 30% cheaper than their heros the coeboys. If on the other hand COE succeeds then they are getting more COE for 16 cents per share. Might only be worth 16 cents now (despite the cash, as you couldn't part the inept from the cash with a crowbar), but once it had IPM even the coeboys couldn't diminish value to anything like as low as 16 cents without years of effort, by which time they will be the prey.
EL
IPM Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
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