Correct. It has the effect of maximising shareholder value on the buyout event. You won't go in with a low-ball offer in that situation... it could bite you on the backside.
Ann: Positive Settlement of Disputes in Peru , page-20
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 3.2¢ |
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|---|---|---|
| 3.3¢ | 76808 | 1 |
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