Progues for my two bobs worth I dont think Management would want a LBO but as they have failed to deliver as per their announcements it puts the company at risk due to the low sp, could another company be the reason possible, just waiting on SUDA getting approvals and possible other deals and then once the cost has been covered by shareholders and hard work has been done by SUDA there maybe a LBO offer.
How management react to a LBO will tell us what they think of the company and shareholders but its all just speculation at this stage.
One way to at least to increase any possible offer would be to get a MAA over the line and other deals with a much higher up front payment.
At the moment its just cash burn and very little in flow of revenue
SUD Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
