RE:The CC, another possibilityI recall someone on this board talking to major investors at an AGM a few years back, and reporting here that they weren’t interested in a buyout less than $20.
I think the inherent value of the company is much more, but have waited with this stock languishing through enough years of bull market now that I’d be very happy to move on with $20.
dd
Jackal5 wrote: Perhaps one or more of the pharmas in discussions with Prometic has/have brought up a full buyout. However, there is the problem of having the three billionaires holding around 40% of the shares. At least another 10 to 20% are held by long term private and company people. What price would all be willing to sell at?
As a long term holder, I thought that I would wait until the company was hugely successful before selling. Now, at 80, I would rather have money up front, to make my remaining years more pleasant and stress free.
I believe that there are many other investors like me. What is a fair price? I would thnk it is somewhere around C$5-6, and I would be VERY happy at US$5-6.
Jackal5