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BQE Water Inc V.BQE

Alternate Symbol(s):  BTQNF

BQE Water Inc. is a service provider specializing in water treatment and management for metals mining, smelting and refining. The Company has the expertise and intellectual property to support the mining and metallurgical industries in reducing life cycle costs and risks associated with water. Its sulphide precipitation technologies use biological or chemical sources of sulphide to selectively remove dissolved metals from mining wastewater. Its ion exchange-based technologies use resins to selectively remove sulphate and hardness from process waters to produce treated water compliant with sulphate discharge limits and a solid gypsum by-product. It offers a process that combines ion exchange and electrochemical reduction to selectively remove selenium from mining wastewater down to single-digit ppb levels. It offers the SART process to remove the metallurgical interference of cyanide-soluble metals and to recover and recycle cyanide in gold processing.


TSXV:BQE - Post by User

Comment by BCdudeon Apr 20, 2022 2:00pm
106 Views
Post# 34617286

RE:RE:RE:Financials... coming soon

RE:RE:RE:Financials... coming soonHow would you see a hostile takeover happening when management and insiders own more than half the shares? That doesn't seem possible in this situation.

The only possible scenario for a takeover would be a very hefty premium offered by a company that management would be inclined to work with.

I've said it before and I'll say it again: a takeover is not going to happen unless the goldilocks scenario happens:

1) A large premium that factors in cash flows and profits from several years down the road.

2) A company that can work with management and AUGMENT what they can do on their own. Since human capital is the biggest problem going forward, cash alone will not do the trick IMO. Finding the sweet spot for growth -- not too fast, not too slow -- will be key. And management commented recently that they are best suited to manage this themselves.

So ... please stop talking about hostile takeovers. This is fiction. It's not going to happen with such large inside ownership.


Lire02 wrote: With only 1,250,000 shares outstanding, and the insiders continuing to acquire increasing percentage of shares, could be that leadership of the company clearly pointing out to  existing and potential shareholders , the extreme value they see in the shares.

Best way to do that is to have an open shareholder meeting prepared to answer any questions about the company. I suspect that management would look favourably on expanding the shareholder base, if that would lead to a share price more accurately reflecting what they see as its true value/potential.

As it is, the company is most vulnerable to takeover bids by existing engineering companies who could pick up all its technical expertise and ongoing earnings potential at a very, very low price, cheap even at hefty premium they would have to pay. So a market price reflecting what management sees as fair value is essentially a bit of a defence against some kind of potentially hostile bid. 

So management would see educated shareholders as a means of securing higher share price. Shows a fair amount of confidence as well.

Just a thought!


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