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TheRealMrPirate

10/25/18 7:37 AM

#49656 RE: Limey42 #49585

$BIOAQ You're very right on that, Mistui sat on their hands...hard to have much sympathy at all for them. They could have made a difference in their own outcome but did nothing.
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sub-pennying

10/25/18 8:00 AM

#49660 RE: Limey42 #49585

Mitsui owned 30% and later even 40% of Sarnia production plant. They had two employees in the board. They have seen al there is to know regarding day-to-day production. Yet they sold their 40% investment to BioAmber Inc for a dollar. And yes Mitsui made no bid whatsoever. So then I am thinking that there is something wrong in the design, metrics and economics of the Sarnia plant.