CEU
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0.00% 54.5¢ connecteast group

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  1. LZA
    1,858 Posts.
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    05/08/11
    16:16
    Post #: 8780317
    No, that is not logical - if the price is down below 55c it indicates that holders will not accept, and the price is expected to fall.
    if it were a certainty then traders would be buying it up to receive the 55c.
    the price indicates that the deal is likely off at current pricing.
    CEU Price at posting: 51.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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