very rarely does it end with just one bid or bidding party.Often...

very rarely does it end with just one bid or bidding party.

Often it is good to get into stocks that are trading 20% below an offer.

Board may reject first offer, and for this reason its being capped and accumulated, then baord says not accpet offer as too low, then bidder comes back with the real offer, usually 15% to 20% higher than first offer.


Have seen it time and time again.


Based on the fact this one was over $1 recently, and looks to be an oppportuinistic bid, I fee it could be increased should the board advise to reject the bid.

So for this reason and that above I have a buy on it up to around 55c.

Im in.

Good luck all.