LOL thejudge.....No offence, but I think you have a very short term memory!!!
Ever heard of a company called Sirtex (SRX) my friend???
Go back a couple of years ago when it was an "up and coming" biotech and there was a takeover target for it at $4.80 which was subsequently REJECTED by shareholders with the same mindframe that you suffer, thinking it was too optimistic and that they could get more after a couple years......Well have you had a look at the shareprice lately mate LOL???
I don't share your enthusiasm nor do I share your investment philosophy......No offence!!!
I invest with fairly large capital in each stock and I would most certainly welcome a takeover bid for LFE IF it was at the right price - $2.50'ish.
Like I said, got no idea what the info is but it COULD be a takeover, infact I was told in Dec that it could be on in Feb so who knows......And YES, I would WELCOME a takeover for this little gem and I'd be MIGHT p*ssed off if it was blocked by shareholders with the same mindset as yourself, as almost always, if the takeover is defeated by shareholders, the shareprice suffers and eventually goes much lower (as happened with SRX)!!!
LFE Price at posting:
0.0¢ Sentiment: None Disclosure: Held