Post by
traderfrom on Nov 13, 2023 9:37pm
10-12 bucks
Market not buying the deal will be sure shot so giving 50/50 could see 10 bucks if deal fails
Comment by
Kanatainvestor on Nov 13, 2023 10:14pm
Assuming your $10 projection is right, this is a 40% decline from the current share price. On the other hand, the company is currently trading at 18% discount to the buyout price. As such, the market is placing double the odds on the deal closing rather than not.