Why is $2.23 a "lowball" offer for a stock that was trading at $1.70 two months ago?
Yes I know there is no premium to NTA.
I think it's a respectable first offer, which may elicit better offers by other parties or an improved offer by AVID.
Of course I would like more, but will I get it?
Please see the wise comment by @F01 about the difference between liking something and actually getting it.
Ann: Acquisition proposal received, page-5
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