Thanks hog, I,m looking for the stock chart just before the Barrick offer came in. No luck yet in searching. I thought it may be a good comparison to us in the future and to show how quickly an sp can go up in this kind of situation.
I guess its easy to say that all the asks can be pulled and a stock will soar or open at or near an offer price. But, I was looking for a factual example in the form of a chart. For ex; we are trading at $2, an offer comes in tonight for $30 a share, we open at $29 a share in the morning. If the market thinks this is a low ball offer, then the stock could open at $35 and creep up there. This is hypothetical of course, but I would like to show that it may be part of our future and how fast it could happen.