RE:RE:RE:RE:RE:Published Today in India...At bannannaman. As a shareholder, you are in it to make profits. Its not enough to accept a deal for survival mode. If you understand very carefully the new deal between them, NML is living on borrowed time before it goes belly up, if ever.
Moreover, wait until the the iron sector cycle comes back and prices starts to sky rocket as the costs of expenditures goes over 1 billion, there will be more shareholder values losses on its way.
Face it. TATA Steel has outsmarted NML in every way with their deal skewed totally to their advantage in the long run. Only a blind person is not able to see it.
All in my opinion.