EXPM:HRTFF - Post by User
Comment by
wawaonton Oct 22, 2021 2:18pm
119 Views
Post# 34038408
RE:RE:I guess any prospective buyers of shares were
RE:RE:I guess any prospective buyers of shares wereI said this two months ago (see below) and based on rumours I have heard and what I have seen with the share price since then I am more confident a deal is tentatively in place. However, I am less optimistic for a big return now.
"I am not a conspiracy theorist but I do find it weird that in a period of time where you would expect increased volatility the share price has been extremelly consistent since July 30th.
Is it possible that some price manipulation is happening to set a price so that the premium on shares stays consistent? Say for example the proposed takover price works out to 15 cents per share. Harte shareholders would vote know if they share price creeps up to 11 or 12 cents before it is announced. If Harte shares fall to 3 or 4 cents the shareholders of the buying company might not like that they are paying a 300% premium.
Another explanation could be that the offer is just not that high and those in the know are confident 7 cents is accurate for a fair current price."