As you say Pivalde , most on this board - myself included - are smaller holders who don't know any of the machinations going on behind the scenes and likely both have emotional investment from wanting to see something that can stop the suffering of loved ones and/or hedging on this as a financial investment .
Any business that actively buys controlling interests in IP of other companies does not get to that position by simply buying at market rates and certainly not until have effectvely made sure they have got the best deal they can. More often than not that requires barreling through us small fry holders who never know what has got is until we can't do anything about it ...
That process, in a nutshell,is the definition of a snake in the grass ... nothing against sinclair and i thoroughly enjoy hearing him speak , but i don't expect him to be concerned about the smaller shareholder interests to reach his own and it is certainly playing out that way currently .
I was really hopeful at the announcement of this deal that life bio had smashed the sale price down as low as they needed to and were just going to get down to business and the downward rut we were in was over Now i suspect that initial buy in was stage 1 of a more aggressive strategy to extract most value while securing a controlling stake .
Entirely speculative on my behalf, but is where my mind is at and why my tone has changed over the past year.
Don't forget , our share values have more than halved again in this time. ( considering we were well over 4c they've literally almost been quartered ! ) and we still have the ominous threat of another reverse split coming.
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0 | 0 | 0.000 |
Price($) | Vol. | No. |
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