RE:Is CJ a takeout? I very much believe that we are a target. There's a lot to say about Mr. Edwards recently increasing his common share count.
The most important thing to consider is what's our price ? We are making money like Pablo Escobar did, only legally, I think ?
All things are going right, management is invested, oil prices are spectacular and so what would we benefit by folding for a 20% premium buyout.
For sale sure but not on sale. At current value, I wouldn't even blink at anything under $15/share. What for ? We will be there in 6-12 months on our own anyway.