abitlikeme: "Someone will probably make an offer for the company at 3c soon, which the majority of shareholders will jump at."
Disagree completely that share-holders will 'jump at' 3 cents. But just double that to 6 cents (which will still be very cheap for Suda IF BP sees real potential here) and then such a take-over offer will stand a much better chance. At triple that (9 cents and still very cheap for a BP) a take-over most likely will be successful. Time will tell.
Obviously, BP has thus far not concluded that Suda is a 'must have' for them. But this may change, hopefully?
All the aforementioned JIMHO, of course.
wasa
The Share Price, page-14
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17.5¢ |
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Mkt cap ! $183.9M | |||
| Open | High | Low | Value | Volume |
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