RE:RE:Why no S/P on sell/takeover rumor...Fabrice?An exploration company gets the holes drilled and proves the deposit is ready to build into a mine then usually sells it. You do not sell your car with a broken wheel !! You fix it first then sell it for the most you can get. Same for PHM where they have the task of getting everything working together well and company growing and then if someone takes a run at them so be it and deal with an offer then. A CEO and the board are to maximize shareholder value and not minimize it as some suggest here by selling the company now. And another company is not going to load up on shares now to get ready to take them out. They would wait to see if everything is fine first then start crunching the numbers. The Fabrice comment of a year or less only means to me that they expect to have everything sorted and on track sooner than later. I still expect a decent quarter report of up to a penny a share profit this quarter.
It looks like someone bought in and started a little run and now stalled again but we need the quarter report to make any meaningful run that holds. N3