RE:RE:we stayQContinuum1 wrote: okgonow wrote: this low for much longer i think we will see MPL getting gobbled up by another player at a discount...
probably $.15 a share
that would suck!!
Nobody is gobbling anyone. There is no way the board or retail shareholders will vote for that. If someone is interested enough in LABS to take it out, then they know the value and the board will know they know.
nothing would surprise me just look at the Alamod Gold Argonaught take over offer lots of shareholders are pizzed they sold Argonaught for pennies on the dollar with POG exploding and with the takeover with shares of Alamos at their high and Argonaughts at their all time low.
the CEO said fair value wiuld be at .14 or .15 in the Q1 CC .....that made me say >whhhhhhat<????????
so i think it sure looks like the board would support an offer at .16 and the company takeing over MPL could tout a 100% + premium to SP over the past 3 months.
Seriously nothing would surprise me at this point