Take Out Target?With all the Private Equity money around, I can’t understand why QST hasn’t been taken out.
They look for
1) Poorly run company that they can turn around
a. We can all agree on that
2) In a ‘space’ that has exponential growth
a. Many examples here re ESG, new Canadian programs, US Green regulations
b. Also, most Oil Co’s have now embraced ESG
3) Financial Health
a. 35% of QST’s Market Cap is Cash & Cash Equivalents
Let me answer my own question – Audrey M owns 17% of the shares