re: packers & consortium play You must be talking about all the...

re: packers & consortium play You must be talking about all the shares bought by the consortium - Packer etal....BKA itself only bought $5 million. Check out the announcement at $6.50 a share that is about 770,000. Say it goes to $9...$2.50 profit the most optimistic spin u can put on it is an increase in revenue of $2 million. $2 million will add 6% to a company that is capitalised at around $30 million (140 million x .22 ... before takeover speculation) that makes the shares worth about .235. A company is on worth the present value of its future earnings discounted at the time value of money nothing more nothing less.