It's just that they look to make $10+ Million that makes it sickening.
If they offered $2 or $2.25, I would have considered it fair.
Yeah, it would have given them a good pay day after it was all said and done, but what they did was try and steal the company.
There is very little risk in waiting to see what further asset sales bring when management only offers $1.50 per share.
The company has proven that they have depreciated (or written down) assets below market value on their balance sheet.
Maybe this isn't a sexy play that will jump 1,000% in a short time but it seems pretty likely that we will see over $2 shortly.
Always good to have a few things going at the same time.
Recent SSY News
- SunLink Health Systems, Inc. Announces Fiscal 2024 Second Quarter Results • Business Wire • 02/13/2024 11:12:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/13/2024 09:54:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 06:39:01 PM
- Sunlink Health Systems’ Subsidiary Reaches Revised Agreements for the Sale of Trace Regional Medical Center and Clinics • Business Wire • 01/29/2024 02:26:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 08:17:31 PM
- SunLink Health Systems, Inc. and Progressive Health Group, LLC, Agree to Extend the Closing Date of Their Previously-Announced Sale of Trace Regional Medical Center • Business Wire • 12/12/2023 02:17:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 08:17:47 PM
- SunLink Health Systems, Inc. Announces Fiscal 2024 First Quarter Results • Business Wire • 11/20/2023 02:14:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/17/2023 09:09:03 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 09:20:32 PM
- Micro Cap Bid Up Following Asset Sale Announcement • AllPennyStocks.com • 11/14/2023 02:25:00 PM
- SunLink Health Systems Reaches Agreement for Sale of Trace Regional Medical Center • Business Wire • 11/13/2023 10:42:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/13/2023 10:26:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 07:37:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 07:22:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 07:07:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 06:56:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 06:49:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 06:41:32 PM
- SunLink Health Systems, Inc. Announces Fiscal 2023 Fourth Quarter and Annual Results • Business Wire • 09/28/2023 08:02:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 03:41:43 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/27/2023 05:11:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 09:40:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 09:17:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 09:09:10 PM
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ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM