Just Read An Interesting Post - Good LogicIt Makes No Sense to Hold
If you hold and the bid is accepted you will get $1.95 CND. If you hold and the offer is rejected then the share price will plummet as it did back in 2012. If you sell now and the bid is accepted then you will have lost nothing. However, if you sell now and the bid is rejected you will be able to buy back into the company at a considerable discount. It is clearly foolish to be holding this stock at this point.
From one of the UK boards.