for us sufferers, any new bid will be welcome...most of us hold at a range between75c and a dollar...so not much of cheer at this fire sale announced by the cheaters who like to call themselves "directors" of our company...
the next offer (if it comes) will not be a knockout offer but more in the range of a $1 or so...just to see if STO likes to put in a counter bid...their logic would be that as their bid is higher than the measly sub-90c ofer by STO, the management should now rollover on their side...
if a bidding war starts with a third suitor, its game on...or else, I pretty much think that its curtains for us...very rarely do you get the bidding wars that you want to see as a shareholder...
THE MANAGEMENT SOLD OUT ON US & I SEE NO CHANCE OF IT HELPING US OUT...look at the SDL management...they knocked out a low-ball offer and that is what managements do...they don't don't just rollover and spread their legs at the whiff of a suitor...
EXTREMELY P!553D
ESG Price at posting:
86.0¢ Sentiment: None Disclosure: Held
