Takeover Talk...Just my opinion, but the recent chatter about a takeover anytime soon is way off. Premiums for takeovers usually start on average at 30% and they can escalate but usually no more than 50-60% MAX.
Yes - some have been outside of those levels, but it is the exception rather than the rule.
A quick example is the recently proposed Harvest takeover by Trulieve - premium paid? About 30%
With, in my estimation, an average per share cost by Rosen for his close to $5M investment - coming in at about $0.20 per share - do you think the dude is going to agree to a takeout for $0.13 - $0.15 per share from the current per share price?
AND - it would likely be in all stock from another company so then he loses control of HIS ability to affect a positive outcome and determine his fate. He does not strike me as the type who is going to cross his fingers and hope that a CEO from another company can bale him out of this investment financially.
One day a takeover? Absolutley...but well after he has estqablished a gain on his $0.20 share price first.
Would I also accept that as a shareholder down the road? Sure...but what do I really want? A steady progression to being our own profitable MSO - and it does not have to be as big as Trulieve and Curaleaf or a Cresco - who are well out of the gate early and massively capitalized.
Just my thoughts and just my opinion based on reading some recent "get ready - something big is going to happen - maybe a takeover" chatter - clearly I don't see it that way or actually agree with it at this stage...cheers all to the patient wait to June 29 for the next positive leg in this tedious but progressive journey...DFC