LOI has been sent out to multiple companies. Offers to buy will start coming in Q2 with final acceptance by Q3.
4 replies (most recent on top)
@1cq+1jkyc1zz2 because the forecast is for the shares to go up to 50 USD per share. Obviously this will never happen as the market forecast is based on the current trend which has been dr-gged by the many cuts in spending and the impact on the productivity is not reflecting in the numbers yet. But this is what they are going to use as a lever for a sale at the current price. Only thing is that they need to sell fast before numbers catch up with the bad business choices they have made.
Horse manure. First, you wouldn't know this info and anyone sharing this info with you, if it were true, could be liable for a white-collar crime as this type of info could influence share price. Second, why would a buyer want to buy high - where's the value proposition in that?
Stocks are at an all time high and they know very well that the value is inflated so perfect time to sell and cash in. Whoever buys will have a hard realization within 2 years once all the cr-p swept under the carpet of the 20% EBIDTA will surface. Good luck with that
In your dreams buddy