Just another idea14 Jun 2020 19:08
If this merger does'nt go ahead we will be looking for somebody else to come in or most likely a placing.
We are producing and we have some good prospects but we are struggling to kick on so no major will touch us.Alot of mediocre companies are struggling for cash so most likely a placing at a lower price.Of course if this merger does'nt go ahead our price will drop anyway + placing and loss of money,momentum and so on
It will be costly.
Anyway we only get 80.03% of BPC shares on merger.
So if we buy Columbus and BPC shares don't go up we have wasted our money as on merger our price is dictated by the BPC price.
Now here is a question for you.
If you have spare cash what would happen to the Colombus price if we bought Bpc.By making an investment in BPC the Colombus price would go up and the merger price would also look a lot more enticing.
Somebody bought 1% of BPC stock on friday.I believe the ii's will agree to the merger.The big holders will have already been spoken to.
Make money on our share by buying BPC.
Or is that too easy.