RE:RE:Fair value
Equity4 wrote: I agree, this is a pretty fair assessment.
One thing to remember is that there are a lot of fear mongers on this board. BS77 comes to minds by posting "it's going to $.40 if the financing does not close", which is nonsense.
Good point. I don't believe it will drop to 40 cents but I can certainly see a market sell off take the price below 60 cents. I believe it will settle in the 60-65 cent range when all the dust settles. Then I believe in anticipation of year end financials we will see the price trending above 65 cents. This is in my opinion the absolute worst case scenario if the deal does not close.