Apologies, I was carelessly conflating two different stories.
Media report here from 2013 for the buy out offer reported at $400m:
https://techcrunch.com/2013/09/09/j...ruit-co-wants-to-buy-freelancer-com-for-400m/
And the media report about selling shares at $1.40.
https://www.theaustralian.com.au/bu...s/news-story/95882d36ae88ae9cb3f47ef7886ad988
The point I was trying to make is that the owners of a majority of stock value the business much higher than current prices, so would be extremely unlikely to agree to a takeover at any sensible premium to current prices.
By the way, canemcalcitro, what did Freelancer do to hurt you? Your relentless skepticism of the business seems over the top for somebody who has never been invested.
