Asia Broadband Inc (AABB)

[alidare]

If the rumors of large naked short position in AABB to the tune of 4-5 Bln shares are true then one day big short might decide to try takeover the company instead of buying back their naked short position. As of now the market cap of the company is lower than its assets not even counting the mines they own. Does not mean that they can get it at the price the company is treading at now but could be cheaper that chasing higher while trying to cover. Also let’s not forget that few biggies trying to start new crypto exchange while we already have one. I am just thinking out loud. But who knows. I remember reading what Barrick Gold’s Mark Bristow said on
how to out-flank bitcoin

“gold has to innovate”

https://moneyzine.com/investments/identifying-takeover-targets/