it is quite laughable...the statement in the news release reads "the company believes that the current trading price of its common shares does not reflect the value of Raise and, in particular, the value and potential of its high angle reciprocating pumps, downhole separators, multipump systems and associated technology, intellectual property, innovations and engineered processes."
What exactly has this company, its executive and its board done to let anyone know of their value. Zero IR Zero reaching out to current shareholders with any type of porper communication. Zero promottion. lol.
I agree with whoever wrote, this deal is already done...