RE: Alliance17 Nov 2020 09:39
Pmoran that is where my head is at, take a smallish profit now and come back in if it hits the 40s again. Shame though!
MCPrice my thought wasn’t SP reduction right away, they obviously wouldn’t want that, but to accumulate a majority stake, then drive the price down to reduce the overall cost of a take private attempt. They know they’ve got this for a steal, as we all know it’s underpriced. It’s just that there is not a lot that can be done if they have a majority stake.
It just smells a bit and my gut keeps saying this is going to be frustrating.