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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (6020)11/16/2020 9:48:19 AM
From: richardred1 Recommendation

Recommended By
E_K_S

  Respond to of 6087
 
The company has been battling AGS. AGS offered informal bids to buy the company, The last one @ 7.00. AGS has been claiming the directors have wasted the company resources on actions such as the 8.80 company buy back. AGS also claims the board is not doing enough to enhance shareholder value. AGS has sent responses to the board how they could do more.

I'm assuming they filed as a protection to cover their jobs? The company IMO has delivered very good earnings, but hasn't in stock price appreciation. A Director finally bought some stock over 6 dollars of late.