Maytree Travel - Bolton

[Mayneway]

RE: Maytree Travel - Bolton

(05/04/2013 16:06)jimbo Wrote:  Yeah, sounds like a dirty tactic, but... Think of this: maytree's depot and fleet are worth (madeup) 2million, mct purchase the company who are struggling for 2 million and gamble if they can get it on track, if they do great, if they fail then they have a new fleet and depot for future developments of MCT.... Win-Meh then, no lose, so worth the chance for mct... I dunno... We shall see in the coming weeks

MCT must have known it was struggling though when they did their valuations and tool them over, they must have been fairly confidant they could turn it around in the coming weeks.