ABA Abano health

[zigzag]

I'm not entirely sure I understand the reason for the current battering? (to be fair, I haven't followed this thread for a couple of months)

Am I correct in a very basic summarisation that someone wanted a full takeover, but ABA said no, got a valuation that seems pretty amazing, and now the takeover guy has pulled out? Is the drop in price due to an expected rise in price should the takeover go ahead, but now that it's off the table? Shouldn't the independent valuation still stand as a price guide?

I believe that the independent report was for 100% control, with ability to take out certain costs. I think the price has dropped too far, but maybe some people were only there for takeover speculation, and now want out.