RE:RE:$0.80 cash gets it Camecothat wouldnt get it done for me and I suspect many others either although it would be tempting if only to take advantage of other opportunities. I would take $1.50 right now and anything above that is a bonus in this market, half of what I originally thought we would get.
Our best hope right now sadly is a white knight with an offer of even that which would force peers to decide if they want their competition to scoop it for that or find a way to make their best offer. If that offer is coming we should see it within a week or so. If we dont see it I guess we know what part of the thought process was for the merger even though the ratio is a joke. That being that despite his calls for $3 per share, he started to realize that no offers were coming, no interested buyers despite all of the trips all over the worldd.
Lets hope that the offer comes because this is getting ridiculous, we will be below .60 by days end. Dev didnt cause these market conditions but he did create the uncertainty in order to pad his own pocket.
G5Incorporated wrote: What is the 30 day weighted average for FCU? What might the takeover premium be?
Is it sort of $0.80 (30 day) x 50% (premium) = $0.40 + $0.80 = $1.20?
Or is a $1.20 offer now simply dreaming.....