Post by
taal on Aug 24, 2022 9:02am
Re valuation
Sporty thats something that we will never know if in fact they did get a better offer...im sure they did ..but are gambling the Wei comes through ...to make that deal or any deal that much sweeter...Your are right Dealba doesn't care for us minority shareholders..But does care about his personal 1.5 million options..so we are All sailing in the same boat and All going in the same direction...Fronterra would Not have forked out close to $75 million for shares at $1.63 if they didn't think that there was a very good chance of recovering and making a good profit on that investment...They obviously know much more than they are revealing....This company is being set up to be sold....Fronterra is being greedy ...But maybe for Good reasons...
Comment by
Coloradobuff on Aug 24, 2022 12:19pm
It's only good if they had offers for 4$ and end up getting 10$ a share.