'Industry players are questioning the firms' motives, and suggest the broader strategy is to buy shares in the target and then convince them to announce an attractive financing package, subject to conditions, which then sends the stock on a big run.
Ultimately, the conditions of the deal are not met and it falls over but the ''private equity'' firm has made its money.'
Yes supertrader, important to see actual funds change hands and entity show up on register IMO
B Rubes
MNM Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
