RE: RE: RE: From this level Drenchcoat,
"Depending on your situation" is hogwash. Management has to act in the interest of all shareholders collectively. If an offer is opportunistic, they should reject it immediately to protect the interests of all shareholders.
I don't buy "win-win" whichever way this plays out. There will be shareholders who lose out if an opportunistic bid is accepted.
Disclosure: I'm in at 0.53 cost and feel badly for those who invested in the 1.50-2.25 range based on the hype management put out there at that time.