RE:Further BidsIt is very difficult for me to trust PTA management. Something just doesn't seem right. I suspect more offers will come. But the PTA management may push this through with the appearance to me of money under the table.
I will probably hold onto the GTE shares if this goes through simply because GTE seems to have much better management. .
My breakeven is US$1.90 on PTA. So I am down significantly, 50%. But GTE looks to have a bright upside.
The Saudis look like they will collapse on this oil price; they are selling out their future as the monarchy has been raping the country. Within a year or two the oil price will go up significanlty I suspect.