If the technology is proven out, then it will be confirmed to be so much better than everything else... that it will be very tempting for companies to buy them out. Especially the large O&G companies would see the type of upside potential it represents. There's no guarantee a buyout happens, but I would think it's pretty likely. We'll see.
Is this a common action in this industry? I mean for companies that prove successful their product/service in the end do big coportations come and buy them out? I'd like to see companies like aduro not to go for a buyout and be confident in their long term vision.
Hi! I've a question, why do u believe if the technology is proven out there will be a buyout? Shouldn't be otherwise?
If the technology is proven out, then it will be confirmed to be so much better than everything else... that it will be very tempting for companies to buy them out. Especially the large O&G companies would see the type of upside potential it represents. There's no guarantee a buyout happens, but I would think it's pretty likely. We'll see.
Is this a common action in this industry? I mean for companies that prove successful their product/service in the end do big coportations come and buy them out? I'd like to see companies like aduro not to go for a buyout and be confident in their long term vision.
Relatively common. Small companies get bought out all the time. Depends if shareholders accept the terms or not.
Fantastic mate!
Jesus fucking Christ! What an epic paper. I wonder how many people will read this. Aside from Mariusz and myself.
I'm glad you found the write-up helpful!
It has about 400 views as I type this.