RE:RE:RE:State of mindYou are right. These people have a hard time understanding that you can't just buy 10MM shares at these levels. As mentioned you will be chasing the bids and not have any control of the ceiling price. On top of that if you started buying that amount in the open market, people will take note, and push the bids even higher.
And the ceiling price will be the new negotiating. So if you are smart you don't do anything on the market, you approach the company, assess their assets and their business, and give them a fair market value per share.