RE:RE:BuyoutBellend2,
I hope this is not a "done deal". I am sure that Andrew contacted all major shareholders to see if they would vote yes on this proposal before launching it. That is what scares me and supports your theory that it is a done deal.
On the other hand we need to remember he needs 66 2/3% approval to pull this off and that may be tough.
If it is rejected and he truly wants to control the company he may consider the buyout option. If this is the case it will be an interesting calculation to see what the buyout offer is.
On the other side for those that are hoping a buyout occurs, whatever the price many will be unhappy. We all have different average share prices and at a minimum would like to get our investment back. Many of us bought shares years ago with higher averages while others may be between $.10 - $.20.