I think it’s more of a reflection of the management than anything else. The constant talk of a deal to create shareholders value is just bshit... the reality is they bought in at 6.3c and the company bought back shares from the chairman at $3.1. It looks to me the support at $3 mark back then was purely to ensure he got max value for his options.
Mass Exodus, page-19
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$15.58 |
Change
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Mkt cap ! $1.995B | |||
| Open | High | Low | Value | Volume |
| $15.64 | $15.93 | $15.56 | $4.265M | 272.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 41 | $15.57 |
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| Price($) | Vol. | No. |
|---|---|---|
| $15.58 | 289 | 7 |
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