RE: Responces13 Nov 2020 16:52
It does feel as if we're in a boom or bust situation in my view. I know that's the nature with these companies but with little cash left no doubt, it's the 'Proposed Deal' or nothing.
Now comparing BOU to my other Cash Shell, PAL, the differences in timing and valuation, or hopeful valuation with BOU, are chalk and cheese.
PAL became a Shell in June, appointed a high profile individual from its parent company in September, before suspending in October with the liklehood of relisting before Christmas. The deal doesn't offer much initially to shareholders, and reflects that with the quick time its taken to get the deal progressed.
With BOU, we can safely say we've been after our target for the entirety of this year. Possibly even most of last year? As long as the BOD are being sincere in the little info they've put out, this must be one hell of a complex and lucrative target/deal for it to take this amount of time.