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Thursday, December 14, 2017 8:55:06 PM
My guess is the ongoing funding requirements has the BOD thinking about a sale.
I would expect to see a stock swap offer. With no debt, this is attractive to the buyer and with the new cheap shares... everyone who bought (recently) on the open market will do well.
Jenny gets a pass, she books a win, and can move on to another company. Timing is everything.
I would expect to see a stock swap offer. With no debt, this is attractive to the buyer and with the new cheap shares... everyone who bought (recently) on the open market will do well.
Jenny gets a pass, she books a win, and can move on to another company. Timing is everything.
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