Mar. 5 at 8:01 AM
$FARM Distressed asset acquisition here, definitely disappointing. But I'm thinking that the last July's announcement hold the sp higher than it should be, so now the
$1.29 artificially looks low.
That' the problem with these M&A cases, in contrast with the stocks received go-private proposals in cash.
Check for example BARK, it trades at
$0.80 with two offers at
$0.90 and
$1.10, while most of the preparations have took place.