DAMN NEAR 1/2 THE FLOAT IS SITTING ON THE SELL STACK, RIGHT NOW
Man Davies
Posts (4982)
IF VARDES WANTS THESE ASSETS, THEY NEED TO ACT -NOW-
VERY RISKY FOR VARDES TO LET THE JUDGE DO HIS THING. HE COULD BLOCK ANY TAKEOVER ACTION, WHICH WOULD RENDER VARDES POWERLESS.
AND THE HASSLE
THEN, BY DELAYING IT, THE HAVE THE ADDED LEGAL EXPENSE OF BK COURT
IF THEY OPT TO RIDE IT OUT, SHARES WILL GET EXPONENTIALLY MORE EXPENSIVE, AS THE FLOAT SHRINKS. WHEN THEY LOOK BACK, THEY WILL REALIZE IT COSTED THE SAME AMOUNT AS IT WOULD HAVE, HAD THEY JUST OFFERED $.20, OR RAN THE STOCK. RUNNING THE STOCK WOULD BE CHEAPER, IMO
AT LEAST .20 A SHARE
