Hi BotTrader, yes I did, I originally bought in at a time when something similar was happening, I actually bought in before they changed name to cmo (I can't even recall what they were called back then)!! The company appeared to be re-inventing itself, and turning the corner (and the mnvo model had appeal). I have a weak spot for turnaround stocks.
I made quite a bit of money swing trading them at the time, but it all came unstuck after they did the consolidation.
I get a sense of de ja vu with what is happening now :) I'm going to hold on because I agree with you about co-investor wanting to get a return. I hope to profit (or at least reduce losses) from that. But I will remain cautious and sell out if things start looking overcooked.
It is interesting that the board is "considering" the proposal. I would have thought with a 70%+ stake that it was pretty much a given that they will need to tow the line ;)
Tony.
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