the more i look at this offer the more i realise they(major sh) are trying to do all other shareholders over.
plan is simple
- get as many cheap in the buyback(using our sh money!)
-push to over 90% and apply for compulsory aquisition.
PLEASE EVERYONE read the Explanatory statement which in clause 9 states the compulsory takeout clause
they have deliberately not included a pro forma p&l to may 24.
my guess is they are well over 500m annualized recurring revenue and profit margins in the 10-20% range.
staff numbers over 750(target 1000 by end of calendar year), expanding and accelerating into the uk( germany likely after)
largest mc cannabis co outside us.
at their almost unequalled growth rate and profitabability as well this could be worth billions atm.
eg 2bn value = $16.66ps and growing.
3bnvalue=$25ps
this needs shareholders to unite FAST
not advice, my thoughts only
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