RE: maxwell/tesla23 Mar 2020 14:41
Its not about me filling you with confidence. Its about whether cap-xx fills you with confidence that it can be trusted to act in the interests of ALL shareholders. There are many examples of companies cutting retail investors out of any buyout deals by one way or another.
It used to be that as small companies thrive and grow, which is what capxx seem to be doing, that this would be reflected in the sp. This would place it well for a buyout price that would deliver a return for all shareholders. Aim is now a place for strangling small businesses and for unscrupulous self serving directors.
With the sp so low now, i can't see directors waiting another 5yrs + to see a financial return so imo its likely some deal will be done that rewards the capxx team and close associates that will exclude retail investors by hook or by crook. Institutional investors will approve it because that is what they do.
I dont see many reassuring responses to my question 'can they be trusted' which is what potential retail investors need to hear, of which i am one. No nasty motives here, far from it, just looking for companies with big growth potential but I dont want to throw away good money. I sense yet another aim stitch up - all the ingredients are there.
Anyway, it's all about health and not wealth.