Wednesday, June 22, 2022 6:48:28 PM
But IF they don't act soon enough, I get the impression that the company will try to come up with another solution that doesn't need to go through FINRA. And what could that look like? Would it be possible for the company to simply make a bid for the 14M shares in the free float and thus give the minority shareholders the shareholder value they are looking for?
It is many years since a bid for $11/share was turned down. OK, the terms of payment were not straight forward which made the bid unacceptable. But the price indication could be used as some sort of guidance; $11 six-seven years ago should be $20-$30 today.
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