RE:RE:RE:RE:RE:Insider sale last weekRecently I saw a company (EXFO) returning private with a 60% premium over the 1 month average price. But who knows, does this reach 26 cents, or 30 cents, or 23 cents? Your guess is as good as mine.
But I think above 30 cents is a stretch, and under 23 cents would be hard to justify. I am realistically thinking 25 cents. All these prices are still very cheap relative to where the price was a couple of years ago, of course, even though the company is in a much better situation now than it was back then.
In any case,this puts a nice pressure on the sellers and buyers to make this a done deal sooner than later, so, if I am right, we may yet squeeze another 20% from here, in a short wait.