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''clearing the deck for a takeover...'' Burnett, no one knows...

  1. Merchant2000
    20,706 Posts.
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    05/04/17
    11:35
    Post #: 23869953
    ''clearing the deck for a takeover...''

    Burnett, no one knows what will happen going forward

    The new constitution raises some questions IMO

    A takeover imo would not be in current shareholders best interests after two profit downgrades and on current earnings

    Trading on a valuation of less than half a full years revenues for a reason

    DYOR
    Last edited by Merchant2000: 05/04/17
    MBE Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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