GREY:TSTIF - Post by User
Post by
bossuon Aug 22, 2019 2:55pm
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Post# 30056073
After loosing $ 34 000 000...in 3 years and a half...
After loosing $ 34 000 000...in 3 years and a half...How long and how much is needed to stop the bleeding and bring the sinking ship a float ?
Striker is ready to pay $ ,51,700 000 US + 1 year and a half of red ink or 6 quarters at $ 4 M for $ 24 M for a total of $ US 75 M to bring TSO3 to profitability and nothing is certain!
It give us an idea of the requested bid to acquire the company.
Will there be a higher one ?
So far just 13 000 000 shares traded telling me that many shareholders are staying put and waiting for a better offer.