RE: Nice bidding war going on for Dofasco
WHY????
Algoma in all their wisdom sold their shares of Tildon ore Mines ( around 51% ) & got a supply deal for 15 years at Tildens discretion. Gee I guess
Tilden won't up their prices, right, Same great sale as Algoma Tube. This all happened before Turcotte but the same management is still in place. Time for a new & educated board of directors in this industry to take control for the best interest of all the share holders & employee's of Algoma. Looks to me that the share price is held down to facilitate the purchase of the company by the current management, for zip, or close to it.
What DoUthink ?????????????????