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Ann: Extension of Voluntary Suspension, page-58

  1. 414 Posts.
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    I agree, especially from an investor perspective. But if the company goal is to be wholly bought out then surely shareholders would have to expect the company to adopt strategies aimed at preventing its SP getting too far beyond fair value. That may be a part of what is being achieved via the ongoing suspension. If so, I would expect the announcement to include something to cap the SP around fair value. That something could be an offer price from a suitor or a 'pragmatic' assessment of realistically addressable market opportunities. Clearly there is a point at which such strategies run counter to shareholder interests and a pivot to licensing would be appropriate as you suggest.
 
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