Vivopower is currently negotiating a potential $120 million takeover by Energi, a company based in Abu Dhabi with reported revenues of $1 billion. Vivopower has indicated that it is in advanced bilateral negotiations and aims to finalize the deal before April 2, 2025. The company has also expressed interest in a higher offer of $180 million, despite its current market capitalization being around $17 million and an enterprise value of approximately $46 million. The negotiations have sparked discussions about the differences between market value and enterprise value, with some skepticism regarding the legitimacy of the deal, suggesting it may be a 'pump and dump' scenario.
$VVPR not going to spend more than 5 minutes on this but obviously this is a pump and dump. I think that "Energi" is likely an undisclosed related party and is not going to pay any $ amount for VVPR nor will they pay 4X or 5X it's current Enterprise Value. Back in October 2021, https://t.co/xm9QR4UYFf
If before was already insane, what is $180m EV (+50%)? $VVPR https://t.co/2iCKvGUUh2 https://t.co/ZiRfaRfMZJ
$VVPR Anyone care to explain the difference between a bid for market value versus enterprise value? I see market cap at $17 mil and enterprise value at $46 mil. They supposedly got offered $120 mil but want $180 mil. What does that do for the market cap buyout price?