re: syvlan takeover claim
I would have thought that the present time was a perfect opportunity...as the AUstralian market still perceives this company as a failed telecom service provider and not as a entertainment service provider to the global hospitality industry.
The current market cap completely undervalues the new business model, strategy, assets and earnings potential.
As a result, a predator could very opportunistically pick it up for a song.
The question for me is not...is this the right time or what might the offer be?
The question for me is...
1. Is Sylvan telling the truth or is s/he just ramping the stock?
2. Why would the company be preparing broker presentations if they were dealing with a takeover offer?
Sylvan...can you offer any further details to substantiate your claim?
ETC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held