“Potential buyers were using Ophir’s balance sheet as an opportunity to pitch low-ball bids during farmdown negotiations,” said Tom Robinson, a London-based analyst at Nomura Holdings Inc.
Rialto has engaged Rothschild to assist in the evaluation of funding options potentially available to the Company.
One funding option is to sell company !!!
Make up your own mind I bought some at $0.67
RIA Price at posting:
6.8¢ Sentiment: None Disclosure: Held
