Dude, would you sell for TAX OBLIGATIONS, if you thought there would be a higher offer lobbed into the fray?????
No, you would wait for said offer to be thrown into the fray, or at least wait another 2 trading weeks, and still sell for TAX OBLIGATIONS...
The thing with the tax man is they tax your capital gain, so if the capital gain was to say double - sure the tax man would take more, but you the investor would have more in your own pocket, simple maths... My comment stands, director clearly does not believe there is going to be a higher offer IMO.
