Hi denvermint.
It completely depends on the offer, if a offer and when the offer is made, imo I think
a offer will eventuate, but the timing is dependant on the offerer, and where the share
price stands at that time.
The s/p stands at 63 Cents at the moment, so the t/o price would be I think about $1.
If the offer was roughly about that, I would reject it completely, and the reason I sat
that is the CVT has not had time to get this completely around the world as yet, and
I would hope that we have some revenue figures out before a offer is made.
I have been involved in take overs before and the offerer shorted the shares and
got the s/p down, and we only got $8.65 a share when two other offers were
made in the same industry to two other companies, when us s/hs compared
our offer to the others, we should of had a offer of $14.20, also management
bent over for the Chinese, to keep their jobs which us s/hs emailed them at that
time but it made no difference, because the major s/hs were also controlled by the
chinese.
I would not take less than $5 a share and that is being conservative, you have to
remember this Tech is Disruptive, and we are in the Box Seat, in my thinking we
will have another ann soon re the US Goverment.
Got to go I have a appointment.
Also, we will be taken over at some time
Cheers.
Simmo.
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