The remaining shareholders would have to decide if even a low ball takeover offer would be preferable to having current management drive the company into the ground, and maybe end up with nothing. At least it would be something back to shareholders directly. Does anyone want to trust BCC management from this point on, making any kind of decision on the future of the company. I know I wouldn't.
All IMHO, DYOR
BCC Price at posting:
15.0¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)