Congrats on the buyout offer but it is worth $10.18/sh
Congratulations on the offer for buyout, but this offer is too low.
Intrinsically, BIOC is worth $10.18 per share. This is a very undervalued company. I suspect we will see a higher offer in the next few weeks.
For a conservative and objective cash flow valuation analysis tool go this website:
and type in BIOC.
When it becomes clear that shareholders aren't looking like they are going to be accepting the offer, the takeover price will have to be raised.
This just happened today in the acquisition of CSPI: