similar size DWRE just got bought by SalesForce for 2.8 billlion, and was 1.5 billion just months ago. Based on this premium, BLOX should get bought out at least 25 and maybe max 30
I didn't listen to the call...but a whole lot of institutions own shares and if a company goes hostile, then management will have no say...just my two cents
this stock sucks
Management has no credibility...the company is fat on expenses and those need to be cut. It doesn't seem to grow at a fast pace.
I hope this thing gets sold in the next few months at $23
Offer would be in low 30s if they deside to sell. They would never give out forl ow twenties. It looks though they
consider the offer as it takes long time, or else they would refuse it already. So I would say purchase as much as you can
Likely a Monday.
The lack of action on this board makes me think it's a very heavily owned stock in institutional circles...meaning that they probably want to get the heck out of this took ASAP
I say likely $23ish per share