"I dont want to accept the offer, but more than that I don’t want to be mucked around by Thiess in getting my $1.025/share if that’s the best I can get."
That's the dilemma, isn't it. Given the value of kit these days, I wonder if you could liquidate the company and end up with more than 1.025 per share. You'd be giving no value to the ongoing business, which, despite some problems with specific projects in recent years, has produced good returns through the years. I don't understand the board's reasoning, beyond "the shares are selling for $0.80, that must be what they're worth."
