I say that because their strategy, effectively holding the company for ransom, is negotiating in bad faith. It's also against their own financial interests. They would presumably make a heap of out of selling the company to a third party (TAG). They're just upset they're now not getting a huge bargain.
They come across like school kids, it's a bit embarrassing.
IHR Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held