Looks like Silvergate (ASI) continues to buy up CAP on the cheap. Wondering others thoughts once they hit %19.9?
As once they reach the threshold, options become:
*Full takeover? *(Strategic stake - which would basically be a semi takeover, i.e raising their stake to %30? *Offtake agreement and financing option? * Nothing... just sit and wait for CAP to keep spending money
Just trying to get an idea of where we are headed. I have great faith in Nic and his team, however sadly I am not allowed to sit in on all their meetings. :-)
CAP Price at posting:
39.6¢ Sentiment: LT Buy Disclosure: Held
