Firstly, given the close proximity to a potential game changing FDA approval later this year, a takeover would need to be multiples of the current valuation to be of any interest to LTSH's.
Why?
If GG opens up a SOA - it needs 25% to stop it - regardless of price.
They have all shareholders info, and are quite able to reach out for 'chats'
Even if only 50% of shareholders, for whatever reason (and someone is selling to GG already) vote yes, then to block, you would need 12.5% of all shareholders.
There are what - 1.1 billions shares?
To block that 50% = 137,500,000 votes.
Good luck finding them in retail.
Peeps can shout - I'm not selling for $10
You won't have a choice if you don't have the numbers.
MSB Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
(20min delay)