RE:RE:RE:Two New Directors...At GiveMeSomeRoom. If you would have done your DD carefully. You would understand that the DSO deal between TATA Steel and New Millennium is totally skewed to the advantage of TATA Steel. Therefore, no matter when the good times comes back for the iron ore sector, NML will be eventually and slowly choked out of its cash because of the DSO deal. Furthermore, do you think the expenditures in the DSO deal will remain stable for years to come even when the good times comes back for the iron sector? TATA Steel has outsmarted NML in every way with the deal. Whats ironic with TATA Steel, they look like a good corporate citizen by giving some slack to NML with the new deal but its far from it. Mark my words. TATA Steel will eventually own all of NML infrastructures in the long run and leave NML shareholders with an empty shell. Thats the real deal for you.
Moreover, if the deal was so good for a few, why is the SP slowly keeps sinking? Read above.
All in my opinion.