Re:Not necessarily a bad thing Albie
posted on
Jan 14, 2008 06:25AM
I would say it would depend on the per share offer before I would have an opinion on whether it is good or bad. It certainly has the potential of of being quite disappointing to retail shareholders. Been there before with a buyout. It is not pretty and to think some sort of class action would get us "what's coming to us" in terms of the real value of the IP, think again. The lawyers get their end first and then a few pennies are left over for retail. Seen it happen dozens of times.