RE:Cheap C heap...absolutely...but the stockmarket is the ultimate home of the viper cons..
It is entirely possible some nefarious player is churning a couple of hundred thousand shares thru multiple brokerages just to drive down the price and then swoop in for the prize..
In the good old days...they wouldnt even play these games...I can recall more than once a mgmt team driving their stock into bankruptcy just to deliver it into prearranged hands ...Its the junior market and the TSE enforcement is incapable of rendering justice
My advice...if u like the stock..and I most certainly do..Pik up what u can and hold on for the real value to emerge.....If there are enugh like minded individuals doing just that...then no low ball offer can succeed
And of course on days like today, where tha indexes are collapsing..be cognizant that anything can happen
GLTA