RE:RE:Don't Blame Sue / Team for Selling Out in 22, and They Willrockka1 wrote: If we see an announcment of a buyout for $35 USD. That announcement will value our shares a lot higher than $35 IMO.
I've held a stock that's been boughttout before. Buyout price was 31.00, share priced hovered at 30.25 slowly creeping up to 30.75 the day before it closed. With that in mind I don't think the share price would go above a buyout price since that equates to an overall loss for anyone buying above. But, a 35usd buyout only values Exro at 3 billion or so, which could easily lead to a competing offer or two above that.