RE: Stock Abc-All positve from Acacia.13 Mar 2018 00:00
In addition to the sell rating, Berenberg issued Acacia with a 140p target price, saying the stock sits in the upper end of its 31p-167p valuation range, which implies 80% downside and only 20% upside from current levels. "A case of asymmetric risk needs to be skewed to the upside when considering trades with this level of uncertainty."
This is a realistic price range, IMO, as BOD's free options vesting price is 148p, over a 5 yr period. A UK company in trouble in recent years, went bust after turning down not 1, but 3 suiters, who offered serious money to take them over.