Thanks Cheerful,
no news, and the fireworks start!
CPB clearly no prepared to offer 40 c without knowing more about the company - fair enough. they are getting some volume at 35c, how much will they need to get a seat on the board do you think ? how long will it take before they can actually get their man on the inside ?
considering LCE were buying up till recently, does it sound like they already had been approached by CPB with this deal in mind ? l dont see LCE bidding at 35.5 to keep it away from CPB, do you ?
ANNUAL REPORT; l see that they aloted the full 1.5 mil legal costs until the others cough up, which does make the eps drop to 2c which is hardly inspiring.
What do you make of the vision of the future - doubling of revenue within 5 years ? sounds conservative to me.
have only glaced at it, no reaction from the market as yet, can you read between the lines for us and tell us what is really happening ? Good news only, of course!
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