Honestly Ganesha, I think you miss the point...i think somehow you believe that only small time traders do research to find undervalued companies, do you really believe that this company isn't on the radar of most brokers? Do you think only the lucky few have seen that presentation and no-one competent who has credibility and a following has ever run the facts on KBL?
Where are the hostile bids, why hasn't another company with a bigger market cap and no operation had a crack? You know, like those companies you have referred to previously
By my reading the register is wide open and most of the punters who now own the company would gladly take a 50-100% profit if a bid was made. By your logic, a 100% premium to market is bargain...so how come no-one is game enough to bid higher than current market?
The gold market is booming, there should be a queue of people salivating at the opportunity to make KBL a subsidiary....right? Where are they?
Honestly Ganesha, I think you miss the point...i think somehow...
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