RE:I'm HoldingDelek wouldn't be trying to pull the rug out on the other shareholders unless they saw a good opportunity to sieze IAE's future value. That offer exists and was timed the way it was BECAUSE IAE is worth much more. Nobody has more intimate inside knowledge of IAE's development plans, reserve booking assumptions, geological leads, potential acquisitions, etc. then Delek. With two BOD members they know more than we do. IAE Management apparently won't lose a thing from the takeover so they can afford to support Delek because Delek will continue to support them. The missing piece is equitable fairness to the other shareholders. We're being told what to think in spite of what our lying eyes are telling us.
I hope IAE's partners are paying close attention because if they have no compunction about scr_wing their own shareholders out of a fair deal can they expect to be treated better?