RE:One can only wonder if?
stockwatcher7 wrote: Had they made it pubic that they were entertaining offers from multiple companies of a takeover offer.
I'm positive that invetors would have been less reluctant to sell thei shares and more reluctant to purchase more shares as it would have been obvious the project to be completed....I would have bought at least 5 -10 times my position had I been made aware of this.
When MOZ was trading in the 1.00 to 1.20 range when they were entertaining offers and the move to wts in the money the outcome WOULD have been a stakely different scenarion.
Mattt sold the company short....JMHO
According to documentation, they made it well known/public in late 22 - early 23 they were willing to entertain offers.. and received little interest from suitors engaging in disclosure.
Several months later CXB came to them, and just a trickle of others. Being fully public might have held some shareholders in, but doesn't seem like a bidding war was going to develop. Only 2 companies made offers over the course of a couple months.
It was discussed several times on various sites I seen, all shareholders that didn't know that the company was likely going to sell before production, must have been living under a rock.
I'm not pleased with the value we sold at, but it appears that was all that was on the table...