Regarding TO, imho I agree that there is enough free off take . This is not an issue for an OEM thinking longterm. 12--15 B? Given the fundamentals of the business, this is hardly an issue, 1B in the bank and rising, forward certain revenue. Elon just spent 40+B on twitter.
What is the issue, is that I cant see a bid of 4-5 dollars being taken seriously. I would not sell at that price given that that is its basic value right now. And while there may be some who would for a quick profit, neither would a large percentage of holders who see the true longterm potential of this company. So I think any potential suitors probably realise that as well, and know a successful TO will require a lot more.
Just some thoughts, DYOR
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$2.83 |
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Mkt cap ! $8.503B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 66194 | $2.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.83 | 346387 | 86 |
View Market Depth
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67 | 610543 | 2.810 |
119 | 790552 | 2.800 |
45 | 950050 | 2.790 |
53 | 642415 | 2.780 |
23 | 201927 | 2.770 |
Price($) | Vol. | No. |
---|---|---|
2.820 | 173414 | 62 |
2.830 | 465169 | 65 |
2.840 | 348971 | 24 |
2.850 | 222066 | 25 |
2.860 | 195232 | 19 |
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