I'm guessing it won't drop below $4.40 again as a base.
If they don't buy it outright, it will trade and track upwards from here.
Possible outcomes:
A. They tell posco $5.50 and it's rejected, the market will likely push up to $5 anyway
B. They tell posco $5.50 and it's accepted by the board so it will trade at least $5.50 publically
C. ANOTHER BIDDER offers $5.50 and it's taken out that way
D. A bidding war pushes it even higher
I may live to eat my words but I don't see any point in selling today, if anything, should be topping up and waiting for next step up
