it’s an interesting thing to think about. I too think Fujifilm are likely to take us, just because we’ve tied up with them in the ecosystem and by now they must’ve done all their due diligence, plus Cynata are moving their production directly in FCDI.
Not sure if they would try to steal us for pennies though.
If for instance they tried to take us for 50c there would be a fair few shareholders who would lose money on the transaction - not everyone was averaging down and sp was well above 50c from 2016 until end 2019.
Even the recent MST report values at $1.07.
They might not think fighting it out with shareholders is worth the hassle and potential reputational damage caused by failing to succeed in takeover. So they might lob a better offer with the idea that a big gap between offer and current price might just make all the shareholders say, “hell yeah take our shares”.
Just my 2 cents, all hypothetical as we don’t even know for sure if FF are interested in owning us, for all we know they might be happy just to be business partners if things work out.
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