Go Cathay! I'd happily take their revised bid any day now, than...

Go Cathay! I'd happily take their revised bid any day now, than having my holdings diluted at these prices and risk having to wait another 6 months for a glimmering hope that management would turn DML around...

All, I'm not too familiar with the previous $1.70 bid, but why wasn't it brought to a vote with the shareholders? I think that regardless of what management thinks, the SHs have the right to decide whether they'll accept or not.. I think management just had a deep conflict of interest - fearing they'd lose their job if CF became the new owner.