With Gary Cochrane at the helm there is no way he would let it go at 50cents. I think rather the interest from Billionaire Ernie Thrasher brings eyes on Bounty. It's a possibility that there may be a take over bid, but it would not be at a small cost.The major shareholders will want top dollar for the sale, especially with your quoted $3 potential.
I think if the worst case scenario is a take over bit at a premium price, then Bounty is sitting in a very nice position
B2Y Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held