ECS 0.00% 1.6¢ ecs botanics holdings ltd

ECS Price Action, page-659

  1. 1,971 Posts.
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    Hopefully everyone does.

    There is definitely a risk of a hostile takeover if the SP doesn't recover soon. $20m could fetch the acquirer:
    -Sale contracts
    -Cultivation and manufacturing licenses
    -Properties
    -GMP facilities

    If the SP hits 1c I suggest we pool our funds into a collective and launch a bid ourselves, would make a hell of a story for the media. Of course, if we are the acquiring party, we couldn't vote for our own takeover and I'm sure AK would put up a quite a fight. Even worse, he could try and take the company private (not sure if he has the votes) and what little information we have available to us now would dry up.
 
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