RE:Focused long. But...LANk655 wrote:
is it a reality that Lib could be bought out before licensing? Or shortly after by a big dog? I'm hoping it's at least 2$ before that comes up but Hey, who really knows right!? Is it the investors best interest to be bought out short term (I'm not on this one) Or long term? Who do you think would buy them up? Along the lines of abcn, weed, ? Ideas? Cheers
I personally don't see a a buy out coming short term . Unless somebody throwing cash around comes sniffing. For the right price anything is available. Only companies with enough cash for a buyout presently are CGC , ACB , APH . Although there's a few companies with enough $ in treasury for a down payment + shares or equity take . I really hope license is received sooner then later for this reason . Valuations from being de risked will rise this SP . As long as they keep the dilution down/ just complete what's planned ,this should be a 200 million Cap in shorter term future . That would equate to just under 2$ a share SP . Right now HVT or IMh are the cheapest caps with a sales license and their caps are around 150 million other then BE . It's under 100 million but no sales license and CBW had a large equity + supply take from BE . Just my thoughts