GREY:BNKPF - Post by User
Post by
himmleron May 10, 2019 10:48am
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Post# 29734034
My take
My takeYou guys bring up good points.The big problem I have is trying to figure out the valuation of this company.In the event of a take over,debt always comes into play as well as assets.A partnership would be more appealing in my opinion.I also get the gut feeling that despite the selling in recent months,the shareprice seems to be held in this range 24 to 27 cents.So..in the event of a buyout it wouldnt be surprising to see a 40 tp 50 cent target.I say this because if I recall there was heavy insider buying back when we hit sub 20 cents.So these people stand to make a decent premium.This is all my opinion and therefore should be taken as such.It also makes me ponder buying more at this price....
I wish I had tomorrows newspapers.