PINL:VLTAF - Post by User
Comment by
VentureTrader1on Aug 07, 2012 7:39pm
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Post# 20191973
RE: Let the Games Begin!
RE: Let the Games Begin! If I were an Avion shareholder, I don't think I'd be super happy with a 56% premium over the current shareprice, (.87, last close .56) especially if I was in the crowd that paid over 2.00 for it. This is the danger for the small companies with good deposits right now - most are grossly undervalued, so a '56% premium over the 20 day average price' (seems to be the norm) still winds up being a steal for the acquirer, and leaves a lot of the longer-time shareholders of the acquired company deeply underwater as a reward for sticking with the company through tough times.