RE:RE:RE:RE:RE:Itafos Santana Araxa
Just see the book value, and forget the short term events. MBAC got assets in Brazil which is worlds no.1 exporter of raw fertilizer, what else you want!!!!! They got eye catching assets, but don't have enough money and skills to run the business. Just take worst case shareholder portion 20-40M after debt settlement, what we got 0.10-0.20 per share. buy now you still be breakeven!!! Imo, reward is enormous while risk is less currently. MBAC is in much better position now, and would be better if buyout or even JV comes out. Do your DD!!!!