RE:takeoverI think that we may be pleasantly suprised when they announce earnings for the the last quarter.
Jewelry business has been terrible, however, that is basically the retail stores. I think that the online business, especially sites like Mene.com have done well because they attract investors as well as the normal jewelry buyer. Thie may be an opportune time to acquire more stock. I have no doubt that Central Banks are manipulating the prices of precious metals due to the competition with the currency. (holding them down) Soon I feel that precious metals and maybe cryptocurrencies may be one o the last places to put money for capital preservation. As far as someone acquiring Mene. I feel that the price would have to be substantially higher than the stock is currently trading for. It would be a very attractive purchase at this time but Management is very enthusiastic regarding the companies performance and it's future.
These are my personal feelings not to be construed as a recommendation to buy or sell. Please use your own due-diligence when making investment deciaions.