What makes it obvious? They're not the only company looking at cannabis, but they are a company with a huge string of failures. If cannabis biofuel really was so incredibly wonderful, companies all over the world would be running wild with it. If that's not happening, why is it such a wonderful opportunity, and why would a company with a perfect record of failing in a good position to do it (or anything)?
As Surandy says, if anyone actually wants to acquire anything AEB has, why not just sit and wait at this point? It's not like there's a run on AEB shares at the moment. And what exactly does AEB have which can't be obtained elsewhere?
I'm expecting AEB to be in administration soon, and in a way I'm looking forward to it. Following the story has become a bit stale. I'll find and follow another dog stock or two once it's gone.
AEB Price at posting:
0.9¢ Sentiment: Sell Disclosure: Not Held
