Anyone who believes in firm discounts to a share price for a takeover bid in an illiquid stock (do not worry about what you see now) is probably dreaming, but that's OK. We can all dream.
There are 2 (at least) markets operating in this transaction and any transaction of this type consists of ...
1. A basically illiquid market which can be manipulated..buyers, sellers, middleman,, any man, any woman... 2. A final market where there is an agreement between controlling sellers and (very informed) buyer/s. A willing buyer will have to pay what a willing and controlling shareholder will want to sell for....
So some stories are simple...
Time will tell how this stories plays out...willing controlling shareholders doing what..when...willing,
wishing to be owners doing what, when.....willing
arbitrageurs doing what when....as they do...
Good night and good luck, and may the best man or woman win.
But remember now..these are interesting times...
AMX Price at posting:
$1.00 Sentiment: Buy Disclosure: Held
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