RE: Next Week1 Dec 2023 19:52
HorisM & Pumpky
The question of where a new factory would be built seems secondary to with what means would it be built? Assuming the Pinnacle deal is voted through on Monday and Pinnacle acquires its proposed 80% stake, whether or not Pinnacle is required to purchase the remaining 20% of shares from we PI's, they will exclusively decide the company's future, including capital investments in manufacturing plants. With their large client network with capital looking for high growth opportunities in a flat market, I would imagine that raising the money to build a large new factory will have already been scoped out. If I were Pinnacle, I would buy out the remaining 20% of shares before revealing any of this, of course, because the SP should rocket upon news of a new production facility. The likelihood is that we will receive an offer for our 20% very soon after a yes vote next week.