re: Ann: Significant Acquisition of Cloud-bas...
True, it is a reverse listing which has its advantages for the party taking over.
The price action seems to indicate that the initial excitement is gone and there is a bit of an overhang of stale bulls.
The other concern would be the pricing of the raising and associated consolidation. Poses a fairly significant risk imo as the value could diminish significantly.
Good luck to those holding on for the new ride.
MSC Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held