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The guy just explained himself... It makes sense... The conference call of March is very revealing... Nobody has mentioned it...
It is quite obvious what is going on or who you are talking to...
Well... The message is clear for me... You have never contacted anyone from Bioamber but..............
Not true. Bioamber has the last word in accepting the bids. If not happy with any of them, the plant will be scrapped.
At least PTT has a very strong incentive to avoid losing the plant.
It doesn't make any sense. If there are no bids, the assets will be liquidated. The plant is worth a lot more scrapped than mitsuis debt.
Do you think that the judge is going to accept such nonsense?
This is nonsense.
You mean 12 million?
Amazing and reliable info as always Vinay.
Bids building... Turnaround coming...
Agreed... About to run again...
Loading continues...
Breakout is very close
20 days since affidavit of service... Smh
We are very close to run...
https://www.plasteurope.com/news/VINMAR_t240493/
Vinmar is one of the biggest customers of Bioamber
The only way to get shares is to slap the ask
Yes but you have to subtract cash, receivables and stocks...
I agree with you. The chart is primed for a move upwards and a filing is overdue.
How about slapping the ask?
Liquidation.
We are overdue for a bounce... It must be very close...
Very valuable information as usual. Now the delays make sense. Many thanks.
Hi Vinay...
1 management and the monitor have a fiduciary duty to maximise the value of assets.
2 pwc received 2 Lois bt the number of interested parties is much higher.
3 no, it doesn't make sense.
4 no, it doesn't make sense.
5 large corporations have M&A teams. They are usually called corporate & strategy development team. Cargill for example has such a team. I can't give you a response.
Hi Vinay, I am trying to contact you. Check your social networks...
13 days since notice od default... TIC TOC TIC TOC...
17 days past since the affidavit of service... Default must be coming very soon... It took A*PH 15 days to get the default...
Notice of default around the corner... Bring it
It makes sense. Greenfield and PTT realise that they are the only bidders so they talk and agree to withdraw from the bidding.
They will come back for the next round in more favorable terms for them. Bam!
Greenfield and PTT will collude to get bioamber's assets. They colluded and agreed to withdraw from the SISP. They will split the assets and might create a new company to exploit the plant.
I agree with you... I am selling on Monday...
This is true... Thank you very much for your invaluable due diligence....
I believe you. Yeah...
The buyer will want to buy the whole package. Actually, they have a lot of synergies. AR consists mostly of PTT purchases.
My expectation is either on Friday or early next week
Default should be here in a few days... Relax and wait
Key interest means interest from industrial buyers?
How have you contacted him/her?
What is your source?