Remember before consolidation and much further back to those heady days of liquidity, good news and then not so good, the Russian fiasco!! I am so glad they didn't get our ore. But the offer which many still felt was too low was 30 cents back then in 2011, and although it was a good premium above the closing SP of 16.5 cents.
That's $7.50 with today's consolidation. So as far as I'm concerned any offer has to be many multiples of this with a few added on for all the crap that we had to endure.
here is to onwards and upwards shareholders
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