There is no debating the fact that several bidders backed out of the negotiation to acquire the microblogging site Twitter.

Recent developments show all hope is not lost for selling Twitter according to an analysis on MarketWatch.

It is still hoped that Twitter might eventually sell for up to $15 billion, even though the lowest it might go for remains $11 billion according to industry analysts. 

Alphabet, the parent company to Google, digital tech company Apple, and Walt Disney Co among others had earlier sought to take over the company before backing out. But new revelations indicate Salesforce is still in the race to buy up Twitter for up to $15 billion.

James Cakmak, a financial analyst with Monness Crespi, ruled that the potential price for Twitter would be determined by the net value placed on active users on the site. He thinks the net value of each active user is about $60 per day, comparable to the $30 per monthly active user calculated for LinkedIn when Microsoft set out to acquire it months back.

When you calculate the daily value of each active user on the microblogging site with its current net value of $2 billion, then the approximate value of $15 billion might be realized for Twitter, Cakmak argues.

Twitter's stocks closed at $17.56 on Monday, meaning that the company's stocks tilts between a value of $15.54 and $21.19 per share. To this extent, the site is estimated to have an average 707.73 million shares outstanding.

Industry analysts say it is high time Twitter sold, even as experts from Deutsche Bank weigh in on the bargain.  On Tuesday morning, Twitter's stocks rose by as much as 2.4%, making analysts to estimate that the company's share might value between $25 to $26 per share.

John Hempton of Bronte Capital submitted that if Twitter is bold enough to operate independently and cut out half a billion dollars from its operating costs via tougher standards and staff retrenchment, then it would yield better revenue that would benefit all stakeholders in the long run.

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