I agree--bad dealThis indeed appears to be a bad deal for XDM minority shareholders. I'll be interested to see how the valuation came up with figure of around $2/sh. Where would a reasonable PE of 12-15 take us?
I'm also thinking that I'll vote no, although I'll quickly change that to a yes if I get the same terms as the majority owners. I believe that it won't take much more than a year (if that) for this stock to exceed $2.00 without a takeover. With a takeover, I would expect something more in the range of $4-5/sh. They want to get minority shares at half price!
Two bucks is a step in the right direction but falls well short of the finish line.