Proposal of Shah Capital at US $ 2.15
Yesterday's proposal of Shah Capital at US $ 2.15 in cash per ordinary share seems ridiculous while Gu Guerin had in September 2015 bought 11M shares at $ 6.
What do you think ?
A proposal of price divided by nearly 3, while the situation of UTSI has rather evolved favorably!
Is it possible to hope against a proposal from a third party?
Yesterday's proposal of Shah Capital at US $ 2.15 in cash per ordinary share seems ridiculous while Gu Guerin had in September 2015 bought 11M shares at $ 6.
What do you think ?
A proposal of price divided by nearly 3, while the situation of UTSI has rather evolved favorably!
Is it possible to hope against a proposal from a third party?