Re: What's wrong with this picture.......
in response to
by
posted on
Apr 02, 2015 12:01AM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
Varkga,
There was one big difference between Zen and the company we once owned.The other little junior had diluted the heck of our shares before a big gold miner jumped in and staged a take over of the company.By then,that junior only had less than 6% of shares held by management and found itself in no position to fend off the suitor.With no support from institutional holders,it,s done.
In this case,Zen management owns more than 25% of shares.It will be virtually impossible for any other company to stage a hostile bid and expect 100% support from the rest of the shareholders.They won't even bother.