GREY:HRIVF - Post by User
Comment by
sclurion Sep 09, 2010 10:38am
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Post# 17428986
RE: Takeover Target?
RE: Takeover Target?IMHO, I believe the maximum free float of 30% is in the hands of Sprott and other institutions.
Also there are small but dedicated longs of this board.
A very small percent of float is changing hands on rise and dips.
It may be about 10 mn in all.
Severstal knows very well that any offer of take over would be turned down at this point.
Why would they waste their time and resources making another futile attempt.
scluri