whatever deal we do, or do not do, as long as retailers hold 50+% of the votes, I'm
ok with it.
companies with shareholder control of another company tend to have a short term view on decisions because obviously, they have their shareholders to report profits to.
IMO WP looked genuinely irritated about the offer and even more irritated that he had to announce it. it looks like WP wants to win, wants to take the little Aussie battler to stardom but has that lingering concern of obtaining appropriate funds. this is why he mentioned to look at what the share price would be and not the dilution. if we come out each financially better off, it may be considered.
the other thing that caught my attention was WP's mention of working so hard at filing the paperwork for a NASDAQ listing and we're only waiting on the audit to finish for that to be a possibility.
Launching our own IPO on the NASDAQ could be far more lucrative.
i believe this deal comes down to time. is a fast track worth it and how far off are we really before we don't need help for a NASDAQ listing.
the deal however could give us the MC we need to table takeover deals quicker as well.
either way, I think we're in stall for bigger things and we're in for an exciting SP trend in the right direction.
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