03-08-2016, 09:55 PM
Since TTJ's biggest shareholder now has 294 million shares - equivalent to ~ 85 per cent.out of total share of 349.5mil.
he can easily buy the remaining 15% or 56 mil shares at just $19 to $21 mil..
The company has cash of $60 mil...and growing with little debt..
So one way is to declared another good dividend. Ie..
If a $20mil dividend declared or 0.057 cents dividend , the boss can received around $17mil..
shld be enough capital to take the company private..or do a buyout..
So just wait and see...
he can easily buy the remaining 15% or 56 mil shares at just $19 to $21 mil..
The company has cash of $60 mil...and growing with little debt..
So one way is to declared another good dividend. Ie..
If a $20mil dividend declared or 0.057 cents dividend , the boss can received around $17mil..
shld be enough capital to take the company private..or do a buyout..
So just wait and see...