RE: RE: RE: Management update on takeover bid
I think the downside is limited and no where close to $1.00. If so shares could be bought on the open market from the same people willing to pay $1.45. As well managmenet has a fidicuary duty to do what is best for the company. To reject a $1.45 for nothing is not worth the hot water the directors would be in as well managment has send prelimnary offers are higher than Maxxums. How much more .05 -.15 ???
Just my thoughts