So let’s say I am the decision maker at SIOI and I hit the petty cash tin for $10M for a 20% stake in ADO, position on Board to keep them honest and cheap product for own use.
So now I have say 500,000,000 shares with a 12 month “no sell” restriction. We would take that deal in an instant because it gives us a 2-3 year window and guaranteed sales flow.
What would that do to our share price - at least 10c a share, but say 8c after 12 months with no big new deals but a few Vidcares, Wyon etc.
My 500,000,000 shares now worth $40M. 3 Bagger pays for my annual bonus!
nice plan?
ADO Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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