RE:RE:RE:Dutch AuctionManagement in this company is really impressive. Always doing the right thing for increasing value.
They will grab share at below cash. I'm definitely not tendering my shares. First, the price could be north of $3 by the end of October with a GM settlement. In addition, I don't want to pay taxes on dividend. The tax impact of this offerring is not favorable for many investors.
Finally, no directors/insiders are tendering their shares (excepted for 105k shares). Why should we?
I'll be surprise if they reach the $15M.