RE:RE:RE:RE:"Shareholders Lose Opportunity"luscar99 wrote: I don't understand why people assume their shares are worth more than Mithaq's offer when clearly The Market doesn't believe so.
Is not like AIM's management has some amazing track record of generating shareholder value.
I don't think many do believe the shares are worth more than Mithaq's offer. I certainly don't. The company is a tangled mess imo, and it's to the point it can't really be unwound.
That being said, most are underwater on this and $3.66 doesn't even make them close to whole so I'd guess many are willing to chance that management can turn the ship around somehow. Mithaq acting like $3.66 was a good premium was laughable, and why they kept supporting the share the price daily was beyond me.