RE:Take out?? food for thoughtI will say, EN probably knows what is going on in the patch. That doesn't mean everyone needs to follow every move.
I also understand why he would sell given a decent exit price on a low volume stock and there are other larger caps out there with as good or better upside and more liquidity. I havent sold but I also dont own 9% of the company.
As for a take out, CJ should be a prime candidate and would make sense why EN would exit as even at a 15% premium that capital would be tied up for a while. He probably sold to someone that thinks a 15% premium is good in a down market. There are lots of funds out there underwater this year and 15% sounds pretty good. Maybe that take out could be by CPG and I can win on all accounts.
GLTA