RE: Possible buy-out price1 Feb 2023 20:52
I've just read thet fabulous article about EISB's future prospects posted by Dave. I was worried about the low SP but now I can't see a price below 20p being acceptable to most private investors. The problem of the low SP was caused by the shenanigans of Taylor Partners. If all private investors bought some extra shares at this low price. It would soak up the surplus and any offer would have to be much higher. Also they would be lining themselves up for a good profit.
I've checked out EISB products they are sold in many places and have good reviews.
It's been the major holiday season in New Zealand, most places shutdown from Xmas to Waitangi weekend which is next weekend, so it's not surprising there has been little news, in fact last year EISB did an an update in January but I suspect the company has changed its time table because of the holiday season. I suspect TP targetted their selling in the holiday period to maximise the damage. Let's all get back at them and buy lots if shares and while were at it send out for boxes of mixers. I sent taster packs to my friends for Xmas and they loved them.