RE:RE:RE:RE:HWO: don't think ppl understand the situation, have a read Certainly, all speculation. But it does make you wonder why they didn't just make an offer to take this whole thing private for $2.00 when it was recently trading at $1.00 (100% premium).. Perhaps the reason being that a white knight could have rode in with a better offer. The way they are currently trying to structure this they get to retain their 45% without the fear of a 'better offer'. One thing I'd certainly like to see is who the independent 3rd party valuator is that has been assigned to determining the value of PNG co. Has that been made public?