Aug. 2 at 7:09 PM
$ZVRA If indeed there is an auction bidding process underway, my experience is it is usually completed in a matter of days or maybe 2 weeks at the longest, once the initial bids are received. Now reportedly the initial bids were in the
$20+ range. No one in their right mind would surrender this stock at that price.
$30 is fair.
$25 is a bargain.
$35 is abut right to a little rich IMO.
In a year, this stock will be at
$23-25 or more and buyout bidding starts at
$40.