Pretty sure they’ll buy back the stock and privatize the company.
Snaper and company would have to set the price point pretty high to break even. I’d say $1.50-$2.00 is fair value given that DeBeers will make billions on the technology.
Also note that DeBeers will be rolling out that facility using CVD technology. Many of you may not be aware that Alvin invented and held the patent on CVD technology 30 YEARS AGO!! snicker.
That’s a lot of money to put into 30 year old technology.... ?!