TSX:INO.UN - Post by User
Comment by
Raider877on Jan 14, 2025 6:16am
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Post# 36402698
RE:RE:RE:Bankruptcy?
RE:RE:RE:Bankruptcy?The issue is that the volume is quite low so buying enough shares to make it worthwhile is not that easy.
If Inovalis S.A. itself continues to buy shares the amount available is lessened.
Still, I think Inovalis could offer $2-2.50 and make a decent return if they are confident in their valuations.
Obviously they think less than $1 is low and if no one is competing for shares they will likely be buying more (with the intention of buying out the remainder).