GREY:MGMCF - Post by User
Post by
SiftThruBSon Mar 12, 2014 1:00pm
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Post# 22314203
Others in the Hunt - Waiting in the Weeds
Others in the Hunt - Waiting in the WeedsMGM Energy management's responsibility is to act in the best interests of shareholders (translation: enhance shareholder value). The stock price was hovering around $0.20 just before this latest MGX media release. Paramount had previously announced intentions to purchase MGX at FMV or lower. MGM management subsequently announces Paramount's low bid that drives the stock price down significantly. There are key players on both MGX and Paramount. There are others that recognize the value of the assets in this company. Stay tuned.