a) someone buys the whole company and just gives a offer in terms of value per share (which they determine based on assets vs liabilities) in which case shares are essentially bought of shareholders at a given price.
b) Someone buys all their assets and leaves the shell company, so you end up with MAE and no assets. At which point the value of thecompany is a bit less than the capital it holds. Management then has a range of options all of which require shareholder approval. They include spending all or some the money on other assets if they want to continue operating, paying a dividend witht he excess cash (hahahahaha) or clsing down the business and returning capital to shareholders minus liabilities.
You're best case is a) for b) all your shareholder votes combined are insignificant when it comes to a vote in the company as you are far short of a controlling majority. You will be at the whim of directors and financiers yet again.
In any case if you think the value of your assets far exceeds that of your liabilities your dreaming. You can wish and read into the announcements what ever you want but it doesn't make it true. These ideas that it must be value otherwise why would the vulture financiers be involved is just wrong. They are vultures and they are picking the bones right now you just can't see it.
MAE Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
