The game here is simply. Buyer wants to buy cheap and Seller wants to sell at a premium. CEO has not got right to reply NO at this stage cause he owns minimal or close to nothing. Then it is the board that decides. The board needs to consult with all large shareholders and an expert who can present the fact with value analysis to those big shareholders. This is good cause at the end of this we get a genuine valuation of the company. If there is anything like what you think, then.. DONT INVEST IN STOCKS. .. they are all the same.. MANAGED BY HUMAN.
TIE Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held