I'm picking a Management buy out
WHy?
any company would have come out with some positive spin to try and resurrect the s/p. esp a marketing/media/PR company
but we have had nothing.
Despite various parties calling the company only to be told good news is coming
I think management are holding off on news so they can launch their t/o bid next month...or at least try an buy 10-20% of the company back
Think about it - IPO'd at $1.00 now chance to buy back the stake at 17c!!
Wouldn't you do the same?
heck even a share buy back down here is a good idea. better than making new acquisitions
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