RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wondering why shares are not higher !!?Chessplayer...I'm afraid that clear and rational thought isn't allowed on this board. Your points are bang on (as the market has demonstrated) and without AP AIM is rudderless with over 90% of income gone. My believe is that the stock will flounder until there is some firm direction
chessplayer wrote: With all due respect, if you read my posts carefully, I was just signaling that the seller had to value the company not on what it was worth to the buyer but on what the expected future cash flows of the business were to be. Clearly Mittleman came to the same economic reasoning since they agreed to sell at half the valuation they were publicly stating. My position has been all along that a deal with AC consortium was the best Amia could get and I have been vindicated on this point by the facts.
Clearly both parties are better off with a deal than no deal, but I suspect AC is a litle better since they probably managed to get the banks to pony up the difference.
We are far from 10$ a share....