Last report says 5,362,000 in cash (minus $100k per month in admin), plus $1m in KIN shares @20c = $6,382,000 or 4.68c per share.
Highest offer 4.35c per share.
Only an idiot would take up these offers. Or someone desperate for cash.
Which begs the question, why are they fighting over the company?? There is only $456,000 in free money. Hardly worth hiring the solicitors and sending letters to every single shareholder.
I like the scare tactics Cadmon uses, we will delist the company LOL. What a load of BS!! Dirty tricks to get people to sell.
I might go and make an honest offer of 4.7c LOL!!
MHM Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held
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