RE:RE:RE:Are you guys joking ?Wordless.... Right on the money with your analysis .
Here is what should happen if offer is below $65US.
The company needs to disclose all offers.... Let's say.
Blackstone offers stink offer at $48US ... Rejected
TPV offers $52US ... Rejected and rebids at $55US and again rejected
Apollo offers $58US .... Rejected and comes back with $62US and again rejected.
CXR tells parties to come back with another offer ... If they do a deal will be done.
If they don't then the company can disclose these bids , which will put a floor under
the share price , and MT can go and execute his plan , once all nonsense disappears , the
share price will be free to reflect the fundamentals.
wordless wrote: Tell that to the Funds that paid $65US a share in the most recent $500mm secondary offering. I think you'd be surprised at how much they would not appreciate that "50% gain".