BioExx Specialty Proteins Ltd BIXZF

RE: This is a legitimate question - IMO...

[buba1]

Good ? gadfly


a JV not likely a "bid" is more likely
answer because A does not want B or C to gain a foothold in the space ahead of them.

On a tax loss basis A could spend 200mm take all the tax losses against their earnings and still make $$$,this will cost a food giant like nestle zero over a 2-3 year period and the upside if they make it work is huge.

If A thinks BXI has done a bunch of heavy lifting and will sell on the cheap,there is value there,key is grabbing the value ahead of B&C. Cannacord is no doubt trying to find the B&C bidder.

why are some smart vultures buying this morning ,because they are all cranking the numbers and determining what kind of a bid they may recieve.

I would suggest greater than.19 cents,but who knows.

on a probability basis you wonder why the insiders were buying stock in the market at 0.16

to think Cannacord is doing this for free is insane,they get paid to find a bid,they also save some face on the clients they pulled in at 1.00 on the last pp  if it gets done at anywhere near $1.00,,tell me there is no pressure to get this off their sheet. "Value is a funny thing"

one persons junk is another persons treasure as they say
good luck 2012 will be better I hope