RE: RE: RE: RE: RE: RE: RE: Article: Kane, I wasn't even going to reply to your post. Sorry but you have ZERO concept of how the world works but I will reply on just your first paragraph (the rest of them don't get any better)
You say:
If PMI buys out the company for $1.00 or whatever, they bought the farm, its no longer a public company at that stage!.based on your theory they would have paid much more for the company than the book value, they cant make money like that, and PMI shareholders would be unhappy with such a deal.
That is correct. They bought the farm. The whole thing. Using the example of $1.00 a share they bought the whole thing for quarter of billion dollars. Bought the process. Bought the patents. Bought the plant. Bought the whole thing. Now they will use it to make MONEY. To make money for PMI shareholders! ALL the money will go to PMI shareholders because they bought the farm, remember? How much MONEY do you think MDG can make PMI over it's lifetime, ie., until a better cheaper process comes along? BILLIONS!! BILLIONS and they got it for all for a quarter of a billion! What a deal!!
What happens if we leave MDG to evolve with it's business. It grows. It has revenues. It has many successful products and most importantly it makes money LOTS of money. NOW those shares are worth say $36 a piece and PMI decides to take the company private. Say they pay a premium so they offer $40 a share. NOW to buy the same company it costs them Ten Billion Dollars for the same company same business same product same profits!
Book value???? Man, you are lost! Talking "book" value for a company like MDG!