RE:Just Thinking Out Loud HereTMoney007 wrote: Is it possible that we got the news we did on Monday to bring the price down so that they can release the deal after close on this Friday which is a long weekend? That would give us just under two months to get a vote done and approval for the deal? I mean if we we got 15 cents for this thing now we would be alot happier and probably take the deal.
Other scenario is they relaese that the plant is back on line on Friday but I am sure they want to get this deal done before Q2 and have to spend more cash on producing those numbers. I would take 15 cents at this point no problem.
The BOD/Management are supposed to work for US not the 'offeror' - They should be driving the price up not down.
I'd rather be at .15c and sell at .20c for a 33% premium then be at .05 and sell at .15c for 200% - I don't care about the optics I care about the buyout price.
And it looks like there is no buyout - we are essentially financing ourselves at the bottom. How utterly stupid.