RE:Kavern Transaction fits Obe has quietly made themselves stronger to buy put someone if they wanted too...that's the big if.
Obe increased their flexibility by buying back so many shares thus giving obe more ability too offer shares.
A 8.82 stock price for obe compared to
2.13 ipo
4.60 Bne
1.10 Ygr
be same thing versus private's like entrada.
if all these companies continue to fall and obe counties to somewhat hold their share price does that make some kind of move happen in the industry.
I don't expect any deal to use much cash, be equity.