RE:From all looks of it...A bid is wishful thinking. Put on your dr evil thinking cap. Nobody can buy this unless mehra wants to sell. He already controls enough shares to squash a hostile bid. I don't see why he'd entertain a friendly offer unless it's at a huge premium. He's doing just fine bleeding the assets dry so why would he bother taking it private? Anything can happen, but I don't expect anything to happen corporately that will benefit any of the suffering minority without a disproportionate windfall for the control group.