I hope u are right but the discount is really starting to worry me - we really need SEL to get an alternative offer on the table from someone other than MFS but the problem is that the CEO has given his 20% to MFS - it is very obvious that MFS is not the flavour of the month despite being at 4.30 on the friday before the bid.
My concern now is that SEL do not go through with it (the posion pill that MFS must be above 4.25) and then the stock will drop back to 3.60
SEL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held