Is there any mention anywhere of what it has cost shareholders for an independent reviewer to tell us what we have already been told?
I would be happy if DDT raised $12 or $15 million and bought out Beston Technologies altogether. Instead, we are bound to be wrapped up with effectively another investee company, this time the biggest basket case company of them all.
All these fancy qualifications of the Board of Directors yet you have to wonder if any of them know that the idea of going in to business is to make money, not just faff around revaluing assets. That sort of practice was for the Bonds and Skases of the world.
After two and a half years, we now have a valuation, even after valuing up everything, that gives a same value per share as the float in 2015. The market says otherwise.
BFC Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held