$American Virtual (AVCTQ.US)$ So what happens now. We cant b...
So what happens now. We cant buy anymore? Only sell?
Any target buyout price announced?
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Xiaoxi_penguin : Currently we aren’t sure yet whether you can buy as well because the buttons for both ‘buy’ and ‘sell’ are lighted up for me. But we could only confirm it when the OTC market opens. Currently the company will go through the process of having stakling horse bid first to fix a minimum bid price. After that, the potential 9 companies will bid on it in auction where the price rises up further. We could have a look at the live action when it happens. After all of these, the last bid price will be confirmed and buyout price will be announced :)
Xiaoxi_penguin : The info that I gathered so far include :
a. Market cap: 20M (only refer to the total share, intrinsic value not included)
b. Kandy worth: around 44M
c. Intrinsic value unclear (eg. Tech, IP etc…)
d. Companies who has their data in AVCT cloud service eager to have it (possibility of termination of contract if other companies get their hands on it is also unclear). Worth? Not sure.
e. Projected value of cloud industry unclear (Recently, 4 companies are given 10 billion for upgrading cloud service and AVCT is the second largest cloud service provider) Worth? Uncleaar.
NickSaSa : it will drag to feb n mar...dun panick...as they said the price will drop more
102475460 OP Xiaoxi_penguin : Thank you for explaining much appreciated.
Xiaoxi_penguin 102475460 OP : Np ^^
Xiaoxi_penguin NickSaSa : That’s possible as well since price would fluctuate if buy and sell functions are both activated for all :) At the end, price doesn’t matter much, it’s all about how many shares you have during a buyout ^^
NickSaSa : bro..u have the trading hours for otc
102475460 OP NickSaSa :
Hambone : 172-282 buy out Hold