I doubt Elon Musk's offer price for $Twitter(TWTR)$will be acceptable to its board, which may reject it on the basis that the offer significantly undervalues the company. Existing shareholders who might have bought their shares at much higher costs than the offer price would also be reluctant to accept the offer. In fact, the closing price right after the offer announcement has priced in considerable uncertainty that the deal can be closed, though it offers arbitrage opportunities to traders willing to bet on the eventual closure. As the offer is final, it will not be revised upward. Given that it is non-binding and the changing behaviour of Elon Musk, he may walk away from his offer too.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • wigglyz
    ·2022-04-16
    Not matter whether it will accept.it won't change my plan.
    Reply
    Report
    Fold Replies
    • pekss
      What is your plan?
      2022-04-16
      Reply
      Report
  • vippy
    ·2022-04-16
    What's your strategy to TWTR or TSLA?
    Reply
    Report
    Fold Replies
    • pekss
      I’ll not buy Twitter now, as there’s high risk the deal will not go through. If it does, and he has to sell some Telsa shares to fund the deal, I’ll consider to buy Telsa if its price drops low enough
      2022-04-16
      Reply
      Report
  • WangZhai
    ·2022-04-16
    unlikely to happen.
    Reply
    Report
  • iceflower
    ·2022-04-16
    ok.like me
    Reply
    Report
  • valueTrader
    ·2022-04-19
    I think those that bought at high price last year are stuck. the high price was market wide, not due to $Twitter(TWTR)$ value. they are better off selling $Twitter(TWTR)$ and buying other stocks
    Reply
    Report
  • Kyeno
    ·2022-04-18
    Twitter will not be higher than Elon’s offer price
    Reply
    Report
    Fold Replies
    • Kyeno
      not after elon made his offer. Elon’s move will make many hestiate and if he won and took over twitter ?
      2022-04-18
      Reply
      Report
    • dallanube
      it's touchc 73$ before
      2022-04-18
      Reply
      Report
  • Im Kamal
    ·2022-04-19
    Musk will find a way to boost tsla when twtr didnt agree with his offer, then he will sell twtr😅
    Reply
    Report
  • AdrianT
    ·2022-04-18
    Unless Elon os willing to negotiate, there is no way twitter board will accept his offer
    Reply
    Report
  • Philipoo
    ·2022-04-18
    Great! Like please
    Reply
    Report
  • wingcheong
    ·2022-04-18
    A very sensible thought on Elon Musk's hostile bid for Twitter. [Observation]
    Reply
    Report
  • TK360
    ·2022-04-17
    Yes, unlikely to happen
    Reply
    Report
  • GerryLoh
    ·2022-04-15
    good sharing thanks
    Reply
    Report
  • PC711
    ·2022-04-19
    nothing is impossible
    Reply
    Report
  • weiliat
    ·2022-04-19
    [Happy] [smile] [smile] [smile] [smile]
    Reply
    Report
  • Tongdadd
    ·2022-04-19
    Agreed. Looking unlikely.
    Reply
    Report
  • Dazza7
    ·2022-04-19
    Agreed. But this could just be another publicity stunt
    Reply
    Report
  • Klubchem
    ·2022-04-19
    Definitely not. The price will drop
    Reply
    Report
  • Jlenglui
    ·2022-04-18
    twitter ma
    Reply
    Report
  • Pjun
    ·2022-04-18
    twitter hahaha
    Reply
    Report
  • Matrix Rev
    ·2022-04-18
    Twitter business model need to be revamp . Musk offer is acceptable.
    Reply
    Report