Congratulations, page-3

not really

cash at bank is close enough. They get structure, listing and business for free . What are they worth? Well no one else is having a dig so ??

Price is in the eye of the holder . It isn't real in most aspect when you have a company in flux and control by predator like this one. Unless there is competition to bid for assets then lack of interest lets it drift to the advantage of the predator. I am assuming none of their at arms length mates are pressuring the stock to shake it and make the bid look good. All sorts of games can be played.


Bottom line- there bid is locked in unless a condition is broken. Can they actually pay if everyone accepts?What are their notes really worth? Who knows and if relying on YOW cash then they have to keep guessing it is there and not committed to something while TO is in play. A spiteful YOW management could buy anything and stuff this up depending on how overvalued what they buy is. Shareholders are stuffed with just about every outcome unless it is better managed or a competitive bid falls from the sky.

Sad to watch and see small holder done for 95% of value in many cases.