Both stock prices are sitting exactly where Fernandez wanted them for the merger.
Coincidence? I am overly skeptical of this CEO, since he hasn't demonstrated any meaningful communication after nearly two years on the job; but the current ratio seems much too coincidental to me. Thoughts? 🤔
RXMD now at $1.49 to each share of NXPL hovering around $1.00
People are talking both because after the merger they will become one comp. At this low pps any tiny good news will push it up big. Besides that they have achieved their goal already, it is not necessary for them to keep quiet or pull it down.