Totally agree DTE is insanely undervalued, but we must be realistic, buyers today may bag themselves 100%-200%?? But at "worst case" as is price today at a 35% premium it may attract enough time tired holders such as yourself to eat the losses and enough new buyers a very hansome reward for there time.
Some may be prepared to average down on such a announcement... many will choose not to.
A lot of things are way out of your control, the great thing is...
The company has informed you that the price is likely imo to increase significantly from todays price.
That is significant info, in itself.
Info that the markets ignoring foolishly again IMO (in my opinion).
But thats what markets do.
You have the power to average down or wait at your average high price or sell now and eat even higher potential losses.
All is your choice and your own personal decision will be yours alone in regard to the outcome.
Not advice just food for thought.
DTE Price at posting:
12.1¢ Sentiment: Buy Disclosure: Held
