USC, great call, I was clearly more pessimistic than you...your prediction was spot on.
In short, Alex B has learnt some lessons from ODN, with only 85% Dropmysite shareholder approval required as part of RTO....on balance this deal may move a lot quicker than ODN.
With former Google exec Elandari at the helm, and a growing cloud back up business with significant global partners, I think this stock is still undervalued at current price...even if there are 1B shares post RTO.
IMO
EXM: From "Dead Dog" Miner to Rising Phoenix Hi-Tec RTO?, page-166
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$2.74 |
Change
0.160(6.20%) |
Mkt cap ! $191.4M | |||
| Open | High | Low | Value | Volume |
| $2.63 | $2.74 | $2.52 | $210.8K | 82.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7600 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 4799 | 1 |
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