re: from glasgow icetrader Do not think concerns about a takeover of PBI are appropriate.
Large companies are not into investigating in unproven companies without commercial products -- but, perhaps, with potential.
If and when PBI has a track record of successful comerciaisation of product/s, sound finances, steady/growing profits, etc and that PBI could add to a larger companies balance sheet in a significant manner or can be developed using greater resources of a larger company the POSSIBILITY of a take over might come to focus.
At which stage and time any take over offer would need to be well above market share price valuation.
Check the ongoing attempt to take over Western Mining and the huge premium of the offer to previous share price as an example.
PBI management know the potential of the company.
In the highly unlikely - very improbable chance of a take-over offer in the near future management would expect more than a little premium over present share price.
But - to repeat - concerns about this occuring are unreasonable.
Cheers,
NT
PBI
premier bionics limited
