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the incredible smelter mystery :), page-2

  1. Kalenn
    10,591 Posts.
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    18/11/12
    09:38
    Post #: 11015349
    In 2010 Vale attempted a takeover of Paranapanema but was rebuffed.

    http://www.paranapanema.com.br/RI/eng/download/comunicados/2010-07-29_Material_Fact_Vale_.pdf

    http://www.paranapanema.com.br/RI/eng/download/comunicados/2010-09-01_Notice_to_the_Market_Voluntary_Public_Offering_of_Shares-Vale_S.A.pdf

    Good for AVB. The smelter is pursuing its own interests which will likely align with AVB rather than taking Vale's interests and diminishing AVB's interests.
    AVB Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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