IamI noticed that a number of our regulars on this board have taken to singing our praises on the Iam board. I would like go on record as endorsing that strategy. If Iam does offer a significant premium over market-and I think they will have to-they will have a bit of a selling job to get to get onside with their own shareholders. Its might be a big help if we start laying the groundwork for that selling job now.
As I said in an earlier post-keep an eye on the ratio between MXI and IMG, its actually more important than our price, IMO. The ratio is now 46 to 1 or thereabouts! I suspect that if Iam management thought that they could get away with
30 to 1 they would jump at it. Incidentally that would be a 50% premium and I think that they would get a lot of stock.
It would be improper for them to launch a TO with so much data in the lab awaiting release, but once the cards are all on the table I would look for an offer if the relative prices are where they are now.