The answer is pretty simple, that will depend on t
Post# of 3844
Of course this is all hypothetical because a buyout is not really in the cards.
But for argument' sake, say the price is at 0.20 & rumors start to fly about a buyout then it can get quite erratic. Say an offer is made to buy the company for $300 mil & the Fully Diluted shares carry the same amount the buyout price would be $1 & the market will adjust to that, very quickly! Of course the anticipation and even the slightest hint at a buyout will drive the price long before an official announcement is made, and sometimes that hype can be exaggerated. Meaning, that the share price has risen above the actual offer, and so the market will adjust downwards.
Chances are much bigger we will uplist, hence we speak of the same effect, as in a erratic period of heavy buying in anticipation of an uplist. Even at $0.50 its still a bargain, and there will be lots of momo generated by the latecomers driving the price even faster. Once people realize that an uplist is really going to happen then we could see weeks and months of buying. Of course with due retracements, but the overall trend will be up and actually go the minimum listing price of the exchange Martie wants to go. Say its $2 then the price will go to there IF the underlying assets warrant that. Investors know what the qualification requirements are to uplist so they only have to study the Fins to know if we're eligible or close to it, then it will become very serious! For now, many see it as a pipe dream. A very high % of OTC'ers claim that want to uplist, yet only a few succeed each year. Once investors see its not just talk they'll be toppling over each other to buy in.
& I'll be here to see them climbing the price up