firsttothetable: Ben said the acquisition would increase EPS by about 50% so it should be less expensive than your estimate
I think institutions used the good news to create panic (successfully) to buy at discount while they can
Reuters data:
6/11 - 9.09% of the company owned by 13 inst
7/11 - 10.53% of the company owned by 15 inst
From the sidelines, page-21
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3.1¢ |
Change
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Mkt cap ! $38.29M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24193 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 166666 | 1 |
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