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Re: Will Lar post# 271117

Sunday, 05/03/2020 9:23:20 PM

Sunday, May 03, 2020 9:23:20 PM

Post# of 426697
Yes there are 100s of posts about buyout every single day on this board. Do you think the company hasn't thought about this?

Jeez at this point its approaching a tragicomedy.

I agree they should sell the company, but have you ever considered that shopping a co in the midst of a pandemic and nationwide shutdown is hard? Let alone a co headquartered in Ireland (which requires significantly more due diligence and the possibility of international travel which is a no-go right now).

It takes time and that's assuming that there are buyers - buyers could be lowballing hard or even not interested (at the moment) to conserve cash. BPs are also facing hard times, with Merck reporting significantly lower guidance - someone in their position is gonna be throwing fistfuls of cash around now, are they?

I dont get what would satisfy you. JT to outright come out and say "Yes we are in talks to sell the company"? Well if the deal collapses, management will lose all credibility, and guess what, SP will be back down to $4. Do you really want that risk?
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