Parrot thanks for pointing out re. Takeunder
Certaintly trying to squeeze us all out using a very hostile strategy
Literally both sides of the market are manipulated by the acquirer.
Intention is simple, buy us out for a very very cheap price
There arent many shares outstanding on the market, considering instos hold a fairly large chunk. Once they reach controlling stake or 90% they wouldn't give a damn about the rest of us and can force us to tender our shares. The acquirer will just buy the block stakes from the likes of blackrock, acorn and taurus to reach that level. Imo blackrock, acorn and taurus will be happy to get out for a premium.
As for management, they may be replaced once acquirer reaches that controlling stake.
The market depth is very illiquid and thus, takeunder is easy to achieve.
All just my opinion.
Parrot thanks for pointing out re. TakeunderCertaintly trying to...
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