When asked about the imec 1 year extension they replied "it's a one year extension, not 2." They were very definitely trying to give us the tip there.
Also, when asked about going to a Gb chip their response was "No". Very definite there.
When asked about what a takeover price might be, they said that they had worked out themselves what they think it would be worth. They wouldn't tell us what that figure was but they said it was " many, many times the current price." Meaning share price or market price.
So for myself I figure that anything I invest today will likely be worth " many, many" times this value within one year. I think it is pretty much that simple.
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Ann: Results of Annual General Meeting, page-64
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