RE:RE:Breaking Out to New Highs - Growing InterestThough it would be expensive and take time, a US listing would have significant positives, including increased liquidity and exposure to some Tier 1 and 2 analysts and funds with a huge positive impact on the share price, instead of being held back in the relatively tiny and low-visibility Canadian market. I expect management has seriously considered this, but they have been busy with other positive issues lately. I expect this subject will be back on the table, now.
Neither Getinge nor any other potential acquirer has made an offer for TSO3, as, if they had, Rumble would be legally obliged to make such an offer public.
Of course, being bought out in the near future would not be good for shareholders, as there is far more value here than is reflected in the share price, but this is why I fear an offer will come sooner rather than later: the more time that passes only reveals the incredible buy at these levels and potential for a valuation closer to 3 - 4 x the present market cap. And, Getinge knows that as time passes they will need to pay a lot more for this little gem. I believe the main reason Getinge has not made an offer to date relates mainly to their own internal management and company structural changes over the past 18 months, and they, like some fund analysts (like Bruce Campbell of StoneCastle), have been and are waiting to see if this company is for real with some positive cash flow before jumping in with both feet. But, Getinge knows very well the value to be had in TSO3 even as cash flow is only beginning, as they know the unit orders coming in and the value in consumables, and they are no doubt asking themselves "Why not just integrate this cash flow into our company, now?"
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