RE:why the silence?Hi ko-be-won. These are great questions.
I would think that if it was confirmed that a deal was in serious negotiations it would drive the stock price up significantly. In Februrary Don indicated that the initial payment in a CVR would be pegged to the stock price at some point in time e.g. at current share prices that might mean the initial payout might be $1.00 or $1.10. I said this on a previous post and was scolded by another poster who said Don would never accept $1.00 and I'm sure KD would never accept a dollar.....thank heavens. So if the share price was driven up by awareness of deal discussions the cost of the CVR could be much higher.
So my belief at this stage remains that the cone of silence is because there is a deal or deals being dicussed with various suitors...IMO.
Possibly part of the slow progress, as has been posted before, may be to dis-entangle Zenith and RVX.
Don said in February that any proposed CVR would require a vote by all shareholders. Let's hope it is proposed soon.
Cheers
Toinv