TSX:TECK.A - Post by User
Comment by
4CommonSenseon Jul 24, 2023 10:03pm
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Post# 35555257
RE:India's largest steel producer considering Teck coal stake
RE:India's largest steel producer considering Teck coal stakeyou are an optomist - just how interested and serious all these other interested parties are is a complete unknown. All these meaningless annoucements are just part of Teck old blah blah blah - stalling for time since they don't have anything to show after 4 months except these meaningless releases.
Its too bad Glencore isn't on the BoD so that some solid expertise could be added. Glencore should improve thier offer for 100% of Teck and go directly to the SHs - hostile? yes - but it would get them 3-4 million shares and an opportunity to be on the BoD and give the current clown show some direction and help.
There is np plan B. Teck still scrambling to dig themselves out of the hole they created and they are terrified whatever they do will be as big a FU as what they already did. Keep in mind the same clowns that come up with Plan A are attempting to put together a Plan B.
this fiasco will drag on for months