News Focus
News Focus
Followers 9
Posts 1093
Boards Moderated 1
Alias Born 12/04/2009

Re: amychan post# 15423

Monday, 02/07/2011 4:53:00 PM

Monday, February 07, 2011 4:53:00 PM

Post# of 34471
The float is 13M shares. The market price is $13. A sucessful tender offer requires a premium. Maybe $17 gets it done. You are talking $250MM to buy the float. What good does $30M do you?

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today