RE:Just Wonderingmix1994 wrote: When a company makes a takeover offer they will frequently quote the recent closing prices for the company to be taken over to show how good their own offer is. Just speculating but hasn't the closing price of KNT been manipulated recently?
Yes, but they will also quote the average price (volume weighted average price) over a longer time period, say a month or two, and yes, the closing price of K92 has been manipulated, hence the speculation that a larger entity has been eyeing K92 and doing it's best to keep the share price from appreciating to rapidly. That's why investors in the company should look at the potential value of the company, do their own math and not look to closely at the day to day share price.