4DS 2.27% 9.0¢ 4ds memory limited

Ann: Extension of Voluntary Suspension, page-174

  1. 3,842 Posts.
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    If we are going to get a commercial outcome within the year as indicated by management, they need to be laying out the wares now to interested parties.

    2 months until Christmas when this extension to the halt is over. 1 month until the AGM.

    Any deal is going to take some back and forthing, haggling over clauses to reach sign off and close. The headline dollar amount isn't the thing that takes time to agree on, it's all the terms of the sale, what comes in the box, golden handcuffs for relevant staff, non compete/non disclosure clauses etc etc where the devil is. 4DS may have this already drawn up their ideal terms as a negotiation start point.

    So let's say they are currently presenting the tech to interested parties - it's not like the Director of Murders and Executions Mergers and Acquistions from Samsung is going to suddenly push a folded piece of paper with X Trillion Won on it over to the CEO. They will thank 4DS for their time without looking too excited or keen, give the numbers team a chance back in Samsung Town (yes, it's a place) in Seoul to make an assessment and then work on an offer. That's going to take a few weeks. Then the offer will be signed off in triplicate before being sent to 4DS.

    Then account for the possibility 4DS is doing variations of the same preso over an over again to Micro, Intel, WD etc etc.

    Project planning - set a date for completion and work backwards from it to establish the latest point you can start from to meet that deadline.

    Throw in that the CEO would love to look like a maestro at the AGM with lots of opportunities for circle jerks I mean self congratulatory backslapping and high fives.

    They have to be working on this now to deliver.

    (Not that they are, but I'm only trying to approach this with some logic)




 
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