due to discussion on the TA thread decided to hopefully transfer that discussion to this thread. @gsad1000 the last top 20 report that I viewed had the top 20 owning 40% of company. Once Colinton are issued their shares I think this would jump to approx 50% (based on fact that was stated in prospectus regards that 13% figure that Colinton may end up with). This is all a good thing IMO as I think a take over offer would have to be a good one as I am sure even us smaller holders would not accept a low ball offer.
I do remember Bob was asked about this in a webcast and the company felt at the time that we would have to have steady growing revenues for anyone to be interested in doing that. As such if we have steady growing revenues then our SP will be higher anyway, so I dont feel a take over offer will be for another year or two but thats just my opinion
On another track has anyone received their papers for the raise yet?
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