You have to be kidding? Surely.
What have they possibly done, other than offer you all a lifeline.
You are directing your anger at the wrong people.
Regal put forward a fair offer, and your board didn't show any appetite.
Couple that with the fact - you all wanted to milk more money out of the deal - which is fair enough.
That's the craziest post I have read.
Everyone loves to go after King because he shorts crappy companies. Yet, no one says a thing about every other manager pumping the crappy stocks and leaving investors holding it when it flops.
Bottom line... your board didn't play ball and the offer was withdrawn. Full stop.
Yes, it probably will go back that low. That's the gamble you take when you want more... more... more.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 96 | 10.350 |
1 | 106 | 10.250 |
1 | 2488 | 10.150 |
4 | 1400 | 10.100 |
1 | 500 | 10.080 |
Price($) | Vol. | No. |
---|---|---|
10.500 | 5000 | 1 |
10.600 | 2000 | 1 |
10.610 | 700 | 1 |
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