Post by
Lazarus57 on Dec 18, 2024 2:28pm
Year End Thoughts
Before I begin, I must disclose that I have been an Almonty shareholder since the spring of 2021 when the share price was at its peak, when Andrew Frazer became a Director and when Lewis Black informed shareholders that there would be no more share dilution. I am not a schill nor a basher but a messenger of facts.
With the lack of transparency and the price being manipulated as it is by the so called "bad" actor(s), is it not conceivable that these actions could affore Lewis, Andrew and company the luxury and opportunity to take Almonty private and subsequently turning Almonty into 2 seperate corporate entities (Almonty Tungsten and Almonty Moly)?
I would not be surprised if this private takeover happens in the next few months with a buyout price of say approximately $1.25 whcich would be a an approximate 35% share premium (over a 30 day moving average) in order to keep all shareholders happy, especially the insiders as the upside for them would be enormous.
To be honest, I am thinking of adding more shares at this time as a 35% return in a short time period would be fine by me. This would be a much more palatable alternative than the share price going to zero.
FWIW
Merry Christmas and Best of Luck to all in 2025
Comment by
Ilovegame on Dec 18, 2024 6:00pm
Do you believe LB will give the information about this to investors as you and me? He never disclose things transparently. It is the big problem.
Comment by
therunner on Dec 18, 2024 9:49pm
I understand everybody here is a bit bored and tired of waiting and frustrated by the share price but this conjecture sounds a bit far fetched to me. Also not very plausible. Why would Almonty pay analysts to value the company at $ 3.21 per share (without the moly) and then take the company private for a third of that? Makes no sense to me. Merry Christmas to all longs!