RE:Just Read An Interesting Post - Good LogicThis original post doesn't take in account the following scenarios:
1- Delek's bid doesn't pass the 50% level and Delek increase the bid.
2- Delek's bid doesn't pass, never bid again, Ithaca results pop and so does the stock price.
3- Delek's bid pass (the remaing shares keep trading in that case), Ithaca results pop and so does the stock price.
4- Delek's bid pass and they make other bids in the future trying to reach the 90% level that would trigger a forced sell of the remaining shareholders.
5- Another bidder jump in.
And all these scenarios will be influenced by the coming oil price trend...
Just my opinion