Post by
RichesToRagz on Aug 11, 2022 2:22pm
Here's an idea: Sell the whole company for $150 million
If they sold the whole company for around $150 million, shareholders would get about $1/share. I'm sure lots of companies would be interested in scooping this up at that price.
Comment by
LongoGlueStick on Aug 11, 2022 2:36pm
$1 a share? Have you talked to Tamaracktop? He said Xebec is a $35 a share generational wealth builder.
Comment by
RichesToRagz on Aug 11, 2022 2:44pm
It's a very practical solution. Imagine what a company like Plug could do with this company, and for only $150 million. Too bad we don't have any activist investors that could push the Board to sell this company.
Comment by
AlwaysLong683 on Aug 12, 2022 2:20am
Or, other companies could just wait and see if XBC goes belly-up, then pick over the carcass during bankruptcy proceedings...