OTCPK:MAUXF - Post by User
Comment by
ScaryRaccoonon Mar 19, 2015 10:08am
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Post# 23537880
RE:RE:RE:RE:Why is price dropping?
RE:RE:RE:RE:Why is price dropping?An offer for the company has been made at 80 cents. This mean the company is valued at least at $.80/share. Some on BNN are even saying 1.25.
The fact that it is trading in the 50-60 cent range is completely irrational because the 80 cent price didn't come from thin air. Much work was done to arrive at that price, which to some here still appears grossly unfair which I can understand. Even if the deal doesn't go through, this should be telling you what the value of the company should be. The fact that it is trading over 20 cents below what the company has recently been valued at shows you just how messed up the markets have become.