Quipt Home Medical Corp T.QIPT

Buyout possibly in near future

[ramman1]

Company not making money , and very little cash left for a ''meaningful'' tuck-in ,puts everything into a static mode ,while a potential  buyer would  want that stability with no changes while formulating an offer.-----  Company buying would (1) have thier own capital,no 8% interest ,  problem 1 solved), (2)  Company would not retain high rent costs and current managers,another high cost eliminated.(3) Company would have a reconsolidation plan in place  for money loosing areas,problem 3 solved. ------  22% premium offer  from  $ 6.20  ??? ,could happen . Just  something to keep an eye on . IMHO

[westcoastlogger]

Nahh. Your dreaming again. Not gonna happen. Nice try though.

[westcoastlogger]

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[ramman1]

I got a ''wee hunch the other day'', picked up a little at $ 6.15 ,thinking I am in that $6- $6.50 range.   Just a little exposure for a short period,just a little skin in the game, and I can exit with very little down side if I decide. --Good to be nimble, no bagholding. 

[westcoastlogger]

More after-the fact BS. Nice try though.

[westcoastlogger]

Did your little buddy in Podunk Wisconsin that insists we drive 49 miles to replace a 10 dollar part offer that bit of wisdom to you?? 

[Carlito3311]

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[Carlito3311]

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[ramman1]

$6  ,if taken private,  $ 7.56  if bought out, no higher. 22% from $6.20, because of all the synergy savings available to the buyer.  --------I think it stays $6--$6.50  without any scenario.

[Carlito3311]

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[HatrikSeLaine]

With no clear majority owner out there (even Claret holds only about 10%), an offer would be subject to shareholder approval would it not?  Does anyone think for a millisecond that an insulting offer of $7 would be accepted by the board and majority of shareholders?  Quit spreading this manure.  A buy out attempt stands no chance under $10-$12 CAD.  

[Carlito3311]

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[Carlito3311]

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[westcoastlogger]

Thats right Hatrik. I would never vote for any insulting offer under 12-15 bucks and judging from how tightly held this is I doubt anyone else would. By far the huge majority here are not windbag penny flippers.

[westcoastlogger]

The bashers that lurk around here want everyone to believe we could never see a double in a buyout. I say bull excrement. When Onex bought out Westjet the shares went from 18.50 to 30 bucks over the weekend it was announced. A lot of egg on faces over that one because leading up to the event word on the street was Westjet was going under. Even the pilots union was caught totally offguard and had