TSX:AX.PR.E - Post by User
Post by
SNAKEYBOYon Sep 10, 2023 10:48pm
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Post# 35628708
Manji would be brilliant
Manji would be brilliantIf the SP did start breaking down to low $6's to announce a very modest, low ball SIB- 20m shares for $7.50 = $150m.
Very temporary elevated leverage wont matter as he knows hes going to put the farm up for sale, and needs to execute on a SIB before the market can see his "big plan"
I see Manji winning in a big way with big, fluid asset sales and a very low-ball SIB. Remember public float is <70m shares.
If he gets the weak hands to sell into $7.50, then he can realize a $12-15 final price for the long/patient holders willing to wait 1 more year.