Jun. 2 at 4:57 PM
$DAVA
They will not find an investor to take the company private. The problem is that the company does not really have its own product. It mainly relies on services that are slowly becoming less important.
Instead of investing money into a real transformation, such as building their own infrastructure, servers, or new business areas, they seem to focus on keeping the current situation going for as long as possible and continuing to receive their salaries. This can only work as long as the company still has access to the stock market.
In my opinion, the management is doing this on purpose because they may have limited opportunities after this company. As a result, there seems to be little motivation to make difficult long-term decisions that could actually secure the company’s future.
