“In hindsight, perhaps KR should have accepted the offer from RAK Gas”
Yeh, that’s what happens when you get too cute with deal negotiations imo. If I recall, RAK were keen to buy, however it appears there was a misunderstanding around the terms and KR threw his toys out and walked away.
I can understand now why DW was so desperate for us to take the ZETA deal, he knew our company was in a mess imo, and as you pointed out, our market cap actually overstated our real value, simply amazing imo.
Cheers R
KEY Price at posting:
2.9¢ Sentiment: LT Buy Disclosure: Held