Gocu no offence mate times have changed the stock is at $0.34/sh and your still fixated on $1.70.
No Bid, merger, placement or other dela will be priced remotely close to this figure, you need to come to deals with that. $1.00 is will only be takeover for teh whole company. Any other merger would have an equivalent look through valuation lower than that (management will sell teh story that it provides opp to grow the asset ....) and any placement will be below that.
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