RE:RE:HPQ Silicon Resources Alpha Bronze Virtual Town Meeting Definitely! Strategically they would have more than a competitive advantage...they can be THE supplier of silicon nano powders to the entire industry at a hefty profit. This bid to buy out could happen sooner than we all think.
But the offer must be extreme to consider but any starting bid will rally the sp for sure. Extremely exciting times!!!!!
itwillbeoknowok wrote: A buy out is not out of the question with so many automanufacturers starting to build EVs. If they were able to get a lock on the technology to make batteries cheaper and a lot more advanced than other companies it would give them a competative advantage. Plus it would cost them a lot of cash to be able to beat the technology.
Right now Tesla pretty much owns the space. If another company could get an advantage over Tesla they would pay for that such as Ford. Imagine them rolling out the new Mustang using HPQ's technology to build a better, cheaper battery. The sales on the Mustang will be pretty high to begin with then add this technology Ford will roll out more models and could end up taking over the space.
A bid to buy out the company sure would make things interesting let alone create a run on the share price.