RE:new shares trading TODAYYou honestly think management would spend months taking over Alexander then merging Alexander with Renegade (which won't close until April) only to sell it in the 4th quarter?
Really? ummm.no.
These guys are going to grow the asset base before considering a sale. They are only taking over the assets in April. They are not going to sell the Company after 6-8 months. They are unlikely to even have a revised budget/plan ready for NewCo until at least the summer.
No takeout....yet.