ACE 0.00% 1.9¢ acusensus limited - withdrawn

what if.....tata

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 735 Posts.
    lightbulb Created with Sketch. 20
    Just thinking out loud here;

    Tata is ACE's biggest customer with a 10 year contract with $30 million sales in the first 3 years as forecast from their October 2008 media release.

    Could Tata take advantage of their liquidity problems and think about a buy out of the company at say 10 cents a share? That would only cost them around $20 mil to own the IP outright ultimately using it to leverage of their connections in other overseas auto markets.

    Who would take 10 cents? Would the board be in a position to defend something like this happening?

    Interested to know others thoughts since it is so quiet on the ACE forum
watchlist Created with Sketch. Add ACE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.