I'm surprised someone who has taken the tone sushi has would believe the BOD would come back with anything near $1.
there's what the company is worth;
there's what AWE will currently pay; and
there's what will be recommended.
I'm sure you've all seen it before - the takeover you've watched from afar; knowing the shareholders were getting screwed. If only the board would stand up for them. We're in the middle of it.
Type UMC into your search field and do some light reading.
I'd be delighted if they came back and said $1 because it was my target, that was when I had hope, now I'm realistic.
We won't be valued at more than 55 cents.
ADI Price at posting:
41.0¢ Sentiment: None Disclosure: Held