Well Below Proposed Takeover Price Sinovac Biotech Ltd. (sva)

Discussion in 'Investment Charts' started by longtermbull, Jun 29, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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  2. longtermbull

    longtermbull Administrator Staff Member

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    Market not believing the second (higher) offer will go through?

    Price $6.75 @ 30 June 2017
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Price $6.80 @ 6 July 2017

    Something doesn't smell right here - proceed with caution.
     
  4. longtermbull

    longtermbull Administrator Staff Member

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  5. gowiththeflow

    gowiththeflow Senior Investor

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    These things have a tendency to drag on and are very expensive - only one winner, the lawyers!
     
  6. longtermbull

    longtermbull Administrator Staff Member

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    Dead money with all of this court action
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    Shares starting to drift off - however they will only fall so far with an agreed bid on the table.
     
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