Way less than the original offer. Don't know why this is up. Original offer was $440 million NIS for 53%. This new offer is for 115 million for 72.71%. Plus maybe rights and repayment of the loan.
I'm just going by the news release. It says the offering price is based on a valuation of 1.65 billion NIS which concerts to $412.5 million USD.
Those large sells have been happening every day since the spike before Christmas. We all have to wonder what's going on at this point. The last spike only took us back up to the old low that was hit on December 22nd. That couldn't hold so down it goes again. Pretty impossible to chart since we just keep hitting new all time lows. We are less than 1/2 of the 50dma now.
They might have been by accident. I know I've hit rate by accident on my tablet with my fat fingers!
I guess I expected the sp to hover around the $9 area until some news after the deal was rescinded. I guess we'll see what happens in the coming days. Definitely didn't expect the fall to continue to fall this Mich.
The market is severely punishing a lot of stocks right now. I'm actually surprised that the vixx isn't higher because it seems like investors are more leary right now.
I was referring to what they have on hand right now. I subtracted the current q loss and the debt payment from the 148.9. Then I was going to try and fiqure out worst case scenarios. I don't think you're too far off if the inventory has to be discarded. Hopefully that's not the case for anyone that's long.