RE:RE:RE:RE:RE:RE:RE:RE:Should Tudor buy out AMK now?a few more points I forgot to mention:
1) AMK burns through more cash than TUO. Dino runs TUO like a tight ship. AMk has about $800k of cash expesnses last year, TUO had about 1/2 and theyre runing a real company with other assets and cash flow (earn in payments)
2) TUO, aside from its TUD NSR and 25+ other properties/nsrs, also has a portfolio of traded securties. Worth about $10M. So if you back that out, getting the NSR and properties for free and then some.
Agree that AMK needs to tighen things up.
bigboy999 wrote: Rockport1 posted:
"You would think that $600k a year would be enough, but review the financial statements. From 2016 to 2022 (2023 not released yet), they averaged 12% dilution every year. For the amount of activity in AMK, somebody(s) is/are very well paid."
I would call that an understatement Rockport1. In light of that I'm curious that in the event of a buy-out what lattitude, if any, does management have in awarding themselves a golden handshake. In a public company this should decided by the board of directors, yes? Wonder who's on the BOD?
................... BB