RE:RE:RE:RE:RE:RE:A buyout is in the work?flamingogold wrote: So you're saying a buyout could be anywhere from $2.78 (30% premium over today's price) to $8 ??. Can you narrow that down just a tad.
sergio2go wrote: An $8.00 per share would be acceptable. Especialy, their debt level is very manageable and reasonable and their recent investment is positively helping the profits. Bottom line, a 30% price increase seems OK but anything over that price would be welcomed.
I think he took the book price + 30% so
$6.17 + 30% so $8.02
I think that $6 a share would be fair