I would submit that they acted in bad faith [in their own...

I would submit that they acted in bad faith [in their own interests rather than the shareholder interest] because they told us to reject the initial MIN bid of 1:1367 because opportunistic and low ball [correct advice] and then shortly later accepted a bid of 1:1300 [a paltry increase] where none of the key considerations had changed from the initial bid
In lawyer speak = res ipsa loquitur or in plain english = the facts speak for themselves
I accept that investing in O&G is high risk / high reward so to say that the proposed drilling is high risk when CE and the CFO have basically de-risked the permit is nonsense and misleading = negligence?
AIMHO & DYOR