please don’t be mistaken. This is simply hearsay. However it’s not the first time I personally have heard this. Simple answer as to why would a major shareholder take this deal is simple. They bought in around $0.20c they have held for 2-3 years and have got a 5x return. Holdings for longer risks more down side movement than upside and they get a clean return exit with upside. That is why they would negotiate a sale and agree at a lower value.
may never happen but we will wait and see
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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20 | 690726 | 0.210 |
20 | 1059021 | 0.205 |
35 | 1051929 | 0.200 |
14 | 450276 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 561090 | 20 |
0.225 | 531088 | 18 |
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0.235 | 350833 | 10 |
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