Why would anyone ever bid a positive price for a firm operating at a loss?
a) The investors may believe that they can turn the business around and make it profitable in the future.
b) They may see potential value in the firm's assets or intellectual property.
c) Acquiring the firm could provide strategic advantages or synergies with their existing businesses.
d) The investors may believe that the losses are temporary and that the firm has long-term potential for growth and profitability.