Take over bid...Not that I am a big believer in the “take-over bid theory”, but if we are ever going to see one, now is the time for someone to try it, IMHO.
- The markets are in uncertain times.
- Oil prices are high (and likely to go higher).
- The partnerships are starting to come together for Westport, but have not gotten so far that earnings are within sight.
- Do the take over now, or do it after a new foreign stock listing (which would be easier?)
- Do it now before the speculators get a hold of the stock and run it up.
- Due to the way that Westport releases information many Westport investors might be more apt to accept a takeover offer (due to the lack of clarity).
- The market cap is not so high that a company like Siemens could not make a move.
- IMHO, many shareholders still don’t have a good handle on what Westport does, how unique the products are and how important their patents are.
- The “green initiative” really is the catch phrase this year.
- A new Government is imminent in the U.S. and both candidates are behind new strategies, so government funding is even more likely.
- Domestic and Foreign Governments are simply going to have to do something different than what they have been.
… and there are likely dozens of other reasons that I have not even mentioned… I was thinking about the Cummins NR when it happened many moons ago, and the stock did the same thing (flat lined for a bit)… I wonder of the investors have to phone their broker and ask them what their impression(s) are…