RE:RE:whoa
JoeStockIQ wrote: And by the way, there are currently just shy of 284M shares outstanding, not 270M. A $5 bid would cost $1.43B, approximately 3x today's current market capitalization. The idea is to prepare for scenarios you don't want to happen.
Another company getting this one for $1.5 billion would be highway robbery. Insider shareholding's matter a lot in this scenario. I think a lot of shareholders would find it hard not to take the windfall and run.
This company's number one problem is that it's sp is way too low.