RE:Some here havent seen this beforei jumped in here at $1.88 and $1.86.
tdwaterhouse research report suggested the deal should be wrapped up by june. so 30 cents per share in approximately 3 months isn't bad. it's about 17% in 3 months.
i also think the deal WILL go through because there is a $20M break fee to the chinese if it does not. plus, the chinese often don't joke around when they make a take-over offer.
tdwaterhouse changed its recommendation from "speculative buy" to "tender" meaning shareholders should accept the bid based on their valuation and offer price.