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The buyout price is unacceptable, expect FIT shareholders to oppose the deal. Basically everyone who has been holding FIT more than two years will take a loss w
by el_ninjak 7y ago
The buyout price is unacceptable, expect FIT shareholders to oppose the deal. Basically everyone who has been holding FIT more than two years will take a loss with this deal. IPO price was $20 in 2015.
- AgloeDreams 7y agoHasn't their entire future roadmap been a blank page for a while and the Versa 2 is a flop? If you view their roadmap as a lot of red you might see a buyout like this. (seeing as their opportunity to compete with Apple is quite poor.)
- tomComb 7y agoAnd they almost hit $52 once, but that is irrelevant now. They are in serious trouble and needed this buyout- that's why they put themselves up for sale.