This whole thread is laughable. The stock is at $1.25, why offer $4 when you can just buy up all the short-sold shares?
On-market offer with a 30% premium is the norm, round it up to $1.65. If I was looking to acquire, that's what I would throw out there after I had soaked up the sellers for a while and was then approaching a disclosure or forced bid percentage of shares.
Even if you offered a 50% premium, that puts you right around $1.80 which seems rather cromulent with this company and recent events.
That said, the MACD looks like it might be moving towards a positive cross for a swing upwards. I think the only way to play this until the next results to swing trade it.
Sentiment for DCA purposes only.
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This whole thread is laughable. The stock is at $1.25, why offer...
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Last
$1.31 |
Change
-0.010(0.76%) |
Mkt cap ! $292.1M |
Open | High | Low | Value | Volume |
$1.33 | $1.36 | $1.28 | $11.65M | 8.789M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29990 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29990 | 1.310 |
3 | 29862 | 1.305 |
16 | 250246 | 1.300 |
3 | 34264 | 1.295 |
4 | 104325 | 1.290 |
Price($) | Vol. | No. |
---|---|---|
1.320 | 1000 | 1 |
1.325 | 10000 | 1 |
1.330 | 51248 | 5 |
1.335 | 19848 | 2 |
1.340 | 72862 | 6 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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