Thanks for the insight mate. You could be right too.
For the past few weeks I have been trying to hypothesize the following:
- MDP has access to APM's books.
- MDP's initial offer of $1.4 represented a premium to the share price and was opportunistic. PE firms usually make such ridonculous bids and see what sticks.
- MDP is a major shareholder, and stands to lose/gain with anything to do with APM's debt, because lets face it, a cap raise would dilute their shareholding, a PE firm's worst nightmare.
- And of course, APM has great growth, clients and a market expansion progressing well. Doesn't make sense to jeopardize this business either. Taking any company public is a PE firm's greatest achievement.
- With all these in mind, MDP has 2 options to save APM, cash injection or take over.
Correct me if I am wrong.
Thanks for the insight mate. You could be right too.For the past...
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