EMS eastern metals limited

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  1. 13,050 Posts.
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    clydebigdog: Thanks for yet another one of your most interesting posts. However, I do not really understand the logic of: "if the shareprice does not get somewhere north of 30 cents in the next three months that this possibility will become more and more likely" ?? (You refer to the potential take over of EMS by a predator).
    My questions: IF EMS is such an extremely attractive target, why is it not being taken-over now when its sp is still way below 10c?? WHY should/would a predator WAIT until the sp is 30c?? Just does not seem to make sense at all. (Incidentally, IF a predator would make an offer for instance tomorrow, at what price level would the company's main shareholders be willing to be bought out??)
    Thanks in advance for your explanations.
    wasa
 
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