There is a method to this madnessA buyout / takeover makes the most sense and one which will be very beneficial to Evans, Hersh and other insiders in form of golden parachutes.
On the positive side … If nothing seriously nefarious is going on, most shareholders will walk away with sizable gains. Given XTRA’s huge target market and its impressive topline growth rate a forward looking buyer could easily justify a $250 Mil valuation.