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Sunday, August 05, 2018 1:38:48 PM
the best handle on this. From the last presentation it looks like they
have 92 million shares diluted. To bring in much needed funds will
either take a partnership agreement and/or additional stock offerings.
A (unlikely) takeover at $2 billion would equate to around $20 a share.
Do you know why a takeover was not consumated previously? Did the
share price spike to near $10 in 2015 because it was thought a deal
was at hand? Would management be open to a takeover today? Thanks!
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