Offer comes in at 30 cents Goodman take it and so do a whole lot of shareholders that bought between 6.5 and 25. Predator gets +50% of the company and does their own refinance package with banks on better terms? In 5 years the shares are worth north of $2.00.
This stock is still fairly virginal come capital raising. Assets sales have been at discounted rates but that has not diluted current share value. It just needs a buyer with deep pockets who will absolutely clean up providing the world doesn't end prior. But you know what, its just another cycle just a bit deeper than the last few!
IIF Price at posting:
15.3¢ Sentiment: None Disclosure: Held