By Steve Moore | Tuesday 13 December 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on M. P. Evans (MPE) I concluded that it continues to look as though the difference between what Kuala Lumpur Kepong (and prior share price levels) and the M. P. Evans board (and the “independent valuer’s” and a number of key investors) seem to consider a fair valuation may well deny a deal here – and we now have an update from both sides…
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