RE:Still no deal...I spoke with management and they pointed me to this statement: "The Company does not expect to provide further information or updates until a definitive agreement has been entered into or discussions between the parties have been terminated."
Therefore the offer has not been terminated yet.
I got the impression that there is still operational leverage to increase the performance. Remember Dawn is an operator CEO. The board is also considering the offer vs dividends vs expansion, etc. So they aren't going to provide news on it until there is news. It would be helpful to have a presentation or something to see what the way forward is. But I assume the decision on the way forward hasn't been made yet.