"I wonder if Cliffs just wanted to feel out the market and us SPQ/KWG shareholders reaction to a 13 cent "potential" offer before making a real one."
Of course that is what they are doing. I also question my previous logic sometimes, that they will still make a lowball bid of .18, or will they read the reaction from the forums as well as from the BOD's, and make an honest offer. At this point they have to present one that is satisfactory to both Neil and Frank before we get to look at it.
Much was written at the time (some of it by myself), as to where Mac would stand at the end of the day, during the FWR fiasco, so we do have to beware to some degree, but we haven't gotten there yet.
I love it
Best regards
K