I agree with you wholeheartedly. I am not saying that a buyout would come at these current prices (for what we are worth) just that we are vastly undervalued for what an offer could be when our MC gets within a reasonable distance of that number. With nearly 60% strong top 20 holders this will not be sold cheaply.
Lots of things to happen before then like a Nasdaq listing, potential capital injection, EFS results, CE mark studies to commence, possible BDD to be awarded etc etc to help lift the SP up to where it needs to be.
However, while the SP is too low for a reasonable offer to be accepted it makes it all the more possible that EDW will consider an interim partnership and a buyout later. That’s really the only way they can try and secure us in the short term before someone else tries to.
So yes, I don’t expect an offer to come that will be 8 or 10 times the current price, just that we are at least worth that currently to the competition.
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$10.20 |
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Mkt cap ! $217.7M |
Open | High | Low | Value | Volume |
$10.73 | $10.73 | $10.15 | $82.02K | 7.947K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1118 | $10.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.35 | 1082 | 3 |
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No. | Vol. | Price($) |
---|---|---|
3 | 1118 | 10.200 |
1 | 34 | 10.150 |
2 | 277 | 10.050 |
2 | 149 | 10.010 |
3 | 1000 | 10.000 |
Price($) | Vol. | No. |
---|---|---|
10.350 | 1082 | 3 |
10.360 | 170 | 1 |
10.370 | 358 | 2 |
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