Post by
james2001 on Jul 26, 2016 2:59am
Tigris72poo
Yes of course the only one that can dictate what happens with this company is Wex.Howevever I do not think that they will take it private as they will eventually want to raise money other than their own.If the company is private I believe much much harder to do.They are also here to make money so would taking it private and buying out the minority be in their best interest at this time?
My point is that they have done everything they can to keep the share price down.Ie no promotion,no float, doing most of the financing themselves and not having the officers of Marlin accumulating shares up to this point because they know most small cap investors won't invest in a small cap if the officers of the company don't have any of their own capital in the deal.All this makes it very easy to keep share price down to do all of their financing for cheap shares,
although it very dilutive for us minority.
My point was that for minority shareholders I believe this is a very good sign that the officers are now permitted to put their own capital into the deal.Investors will take notice of this.Also maybe something
has changed in that maybe they will start to take the share price up after the officers of Marlin are in.
They may know something we don't.