OTCPK:ATBEF - Post by User
Comment by
campston Nov 30, 2017 11:31am
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Post# 27063938
RE:Q3 Results
RE:Q3 ResultsI believe the answer may be no. Recall that the company adopted a poison pill a few quarters ago. I'm guessing it is this fact that caused the price to fall from the .50's to where it is today (and also the reason I sold some time ago). IMHO this was not a goo'm d move, particularly for a company that was growing at a pace of roughly 15%.
Of course a deal is still possible, but I had to ask myself if any deal would be near as good for shareholders if there was no pill in place.
I would finally like to note that the runups prior to earnings releases have been muted in comparison to those prior to the institution of the pill. FWIW.....
....but what do I know?
cheers
Vikingstock wrote: Outstanding quarter, 30% growth, in line with commitments for the year. So is the recent, volume/price pressure, accumulation, a pre curser for buyout?