InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,584.54
(
-0.88%
)
US TECH 100
19,659.60
(
-2.28%
)
Dow Jones
39,753.75
(
0.08%
)
Brent Oil
85.09
(
-0.03%
)
Bitcoin
57,051.81
(
-0.52%
)
Post# of 464000
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

gburgin

Send PM Follow Ignore
Followers 2
Posts 265
Boards Moderated 0
Alias Born 06/27/2016

gburgin

Re: biotechrocks post# 98678

Friday, 03/31/2017 9:02:03 AM

Friday, March 31, 2017 9:02:03 AM

Post# of 464000
"I say $45-$50 per share gets the deal done! "

If this was a private company then the acquirer could justify whatever price they pay since there's no "market cap" as a guide for value. With this being a public company the market has voted with it's wallet and given this company it's current market cap. What you suggest is an 800% premium. I'd love to see some stats on how many times a public company has been bought out for that size premium. I haven't researched it so I don't know but I would guess shareholders of the acquirer would never approve that premium since the acquirer could just start buying stock and probably own controlling interest way before it reached $45.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent AVXL News
More AVXL News
InvestorsHub NewsWire

FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM

ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM

Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM

Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM

Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM

Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM

Start posting your company's news
Only $200 per official company press release!