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Ann: Response to Media Speculation, page-133

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Niraj1980

1,250 Posts.

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30/07/18

16:51

Post #: 34629306
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Originally posted by pikel1980 ↑

Its pretty interesting actually.

Looks like they started purchasing the BLA at the same time as BAF in March this year. There are thousands of small parcel transaction to get to the 5%. They are probably looking at it from 2 angles, option 1, if it doesn't go well, they are in the lions seat for a takeover bid or option 2, they get the business model fixed and it becomes profitable again.

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Great assumption, Isn't both model profitable for shareholders though...? Takeover bid from MQG would be much more tempting aspect, to expedite their expertise and turn upside down what's not working. I still see value at this price.

BLA Price at posting: $1.80 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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