Considering their shear size and global reach and the fact that a few months ago an offer needed to have a 3 in front of it.. An offer with a 1 in front of it sounds like it would be very attractive to a potential suitor.. Even a low 2. Which is what the second last offer was.. 2.20 from memory (could be wrong)... And the board rejected it as a low ball offer, and that the offer was 'taking advantage' of their low share price.. Which was about 300% higher than it is now.. ' nice job boys'.. Game well played with shareholder money..
BKN Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held