Hypothetically, say you have a private company with a geographically diverse business but you need the technology developed by another company to really succeed. You negotiate a merger and acquire a substantial shareholding in the new company along with access to their technology. You grow the new company by getting other people to invest money by way of several capital raisings. If you can keep the share price low enough for long enough you can make what seems to be a generous offer and most long suffering holders will be happy to get out and recent buyers will be happy to take a quick profit. You can then privatize the company to regain full control and you have a rapidly growing worldwide business with the latest technology for a bargain price.
Just my thoughts ........ perhaps a bit cynical, but those who have been on board for a few years will know what I'm talking about.
Cheers, vango
FLC Price at posting:
22.3¢ Sentiment: Buy Disclosure: Held
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