Think about why TTY wants to buy OLY, and what THEY value the company at...
By definition, TTY values OLY at considerably MORE than 10 cents per share, otherwise they wouldn't be buying it!
Don't fall for the old tire-kicking line of 'I will take this dog off your hands for you, but I really shouldn't'
TTY sees the value. If you respect TTY's management, then realise that TTY values Olympia's resources higher than the price they are paying...
OLY owns one of the largest undeveloped garnet resources in the world. There is a chronic shortage. Together with the minerals sand resources, is all that only worth less than $20m..?
Make them pay a fair prices for OLY... I have 700,000 shares and am holding.
But DYOR
OLY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held