InvestorsHub Logo
Followers 3
Posts 1691
Boards Moderated 0
Alias Born 03/15/2018

Re: RPMcKenna1976 post# 7515

Tuesday, 03/10/2020 10:39:21 PM

Tuesday, March 10, 2020 10:39:21 PM

Post# of 7743
At this point, the SP won't affect the selling price of the company. I believe Invictus will not recommend to shareholders to sell the company for anything less than a price that will not only pay off all their creditors but also make a reasonable amount for shareholders (after all, the shareholders have to vote on it). There's no sense in just giving away everything they all worked so hard for.

I don't know what a fair sale price per share value is for Invictus but my gut feeling says around c $0.30. This would put us at around $40m valuation. I know you believe it's not worth more than ten bucks total but I'm thinking your offer will be politely thrown in the garbage.

Also, a new company in a rising sector could quite easily take this company back to over a dollar.