just throwing this out there. any idea what it takes to takeover the company?
say if I have $10m, market cap now is only $3.7m.
say I put in a bid to take over at $8m (around 5c).
get access to all their cash, liquidate and make a profit from there?
this is of course dependent on them (the majority shareholders) accepting the bid.
but at least it will surely lit a fire at the share price right?
happy to hear your thoughts and comments
$4,000,000 divided by 20, page-8
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