Takeover bid, page-11

There's a procedure to be followed here.
CEO Tony Weber has been in this space before.
Firstly, a valuation from a highly regarded accounting firm is to be obtained.
I've seen a plausible valuation of $1.60 based on the future cash flow from the existing assets.
Secondly, an opinion is to be obtained from an independent advisor as to whether the
offer price is fair and reasonable.
I cant see any offer price of less than 80c as having any chance of success.
Any lesser offer will flush out offers from other interested buyers until such a level
is obtained.
I've held this stock for years because of the calibre of the CEO.
This stock had to become impressive sometime and we havn't heard the last of it yet.
I would rather not sell into the offer but wait until the market valuation of $1.60 was reached.