Well the TO bid is only going to get lower as time goes on and...

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asb83

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03/06/19

18:34

Post #: 38885914
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Originally posted by Teddyward ↑

Its opportunistiic as that is their game. If they are poor game players they lose as YOW keeps burning cash as they are still holders.

As a add on to another existing business without listed costs and independent marketing and other costs stripped out anything with shelf space and a brand is saleable. Just depends on price etc and you also have to remember that if you don't sell it you have to close it down and that costs to break leases and contracts. YOW management should have done the numbers on this internally especially if they don't have a feasible pathway forwards to increase volumes, margin turnover or cur costs so they are not burning cash, So far IMO they have played into the hands of the suitors and suitors are doing the usual strategy. Neither IMO are doing it well and shareholders are suffering because of it and area plaything to both parties. If YOW do something and actually get a business or spend cash then they have a large unhappy holder sitting on loss untill whatever they buy turns around - hmmm . Meanwhile YOW continue to burn the cashpile and who knows if they will get any traction as it is just not transparent what efforts they are making in various markets and just what results they are getting .

Dangs- well no sympathy as they is the raiders choice and risk they take - they are sort of cornered in nowhere land unless they want out at a discount or they bid up to make a offering worth accepting

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Well the TO bid is only going to get lower as time goes on and the cash pile gets smaller. A TO party is only interested in the cash. The business itself is worthless and actually a liability on the books given that to shut up shop they would have to pay out contracts, etc.

YOW Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
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