RE:RE:Something good could come out of lower VALUES !Marine, although your hypothetical $3 CD might have a sliver of a chance if only the retail shareholders were allowed to vote on a proposal, it will never see the light of day as the gate keepers for the company will reject any lowball offers.
Speaking of retail, even they should insist on the 2021 highs ($2.83 USD) grossed up for 3 years worth of inflation or about $3.75 USD, which is $5 CAD. You are at a minimum 40% below what could even be considered a semi-legitimate "kicking the tires" offer.
What we have now with a washout in the share price is good as hot money leaves, being replaced by strong hands. We don't have a whale on board. Yes, we have a contingent of high net worth individuals, but none are dominant shareholders. We need a solid breadth of strong hands to ensure that no games can be played when comes time to actually start voting on any buyout proposals.