RE:Increased exposuretenacious1 wrote: The people behind Schoold are sophisticated market people with great connections in the new IT world which requires English education skills. They obviously feel Lingo has something valuable. This could really open up great things for Lingo.
I agree... a buy out would be an 'end' price... but a merger with this company which is in effect 'going public' is just their beginning....
And they bought into their pre-IPO company at $17m CAD valuation... and we are at 11m CAD. Clearly they only invest if they can see multiples of their investment possible.
I think it reduces risk to have deep pockets like this, and increases the blue sky potential. My initial reaction was to sell, but the more I look at it the more I like it. I think we have not risen more due to the lack of clarity on th e price of the merger.