TSXV:BTI.H - Post by User
Comment by
Boomskidon Jan 25, 2023 8:40am
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Post# 35244619
RE:RE:RE:RE:Hey narmac
RE:RE:RE:RE:Hey narmacAll of that could be true, zwerp2000. But why did LT and The Placee want 75% of Biodexa? Why did they spend a year trying to make that happen?
It wasn't Cresence's EGF. They were involved in that. They could have outbid Bioasis out of petty cash.
Was it Midatech that they wanted? Then why bring Bioasis into the deal? I suppose that bringing Bioasis in could be thought of in the context of LT and The Placee bringing value to Midatech and its shareholders in a benevolent takeover.
But I think it was most likely xB3 that was wanted. As a platform, xB3 could spawn opportunities that could be shared among all of the players, and I think that those xB3 opportunities were what LT and The Placee wanted most of all.
I think we should also want them.
jd