There is such a thing as people with large holdings selling a stock to get more later at a cheaper price.
My average is 21c but I still had a buy offer at 29.5c as that is still dirt cheap.
Is 35c plus 1c dIv stIll cheap for the stock? Yes. WIll the offer get majorIty? If theyre lucky.
UNV Price at posting:
30.0¢ Sentiment: None Disclosure: Held