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Just thinking out loud here;Tata is ACE's biggest customer with...

  1. shanghaiguy
    1,051 Posts.
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    07/02/11
    13:01
    Post #: 7852491
    Just thinking out loud here;

    Tata is ACE's biggest customer with a 10 year contract with $30 million sales in the first 3 years as forecast from their October 2008 media release.

    Could Tata take advantage of their liquidity problems and think about a buy out of the company at say 10 cents a share? That would only cost them around $20 mil to own the IP outright ultimately using it to leverage of their connections in other overseas auto markets.

    Who would take 10 cents? Would the board be in a position to defend something like this happening?

    Interested to know others thoughts since it is so quiet on the ACE forum
    ACE Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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