sicole, I have to agree with your post. The only thing I can think off about the management selling off their stake is that they are exhausted after completing the project to lay cable to Guam. Now they want to take their money and let someone else the responsiblity of growing the company. I just can't understand why they accepted such a low price. I would have though they can easily demanded a price atleast 15% higher than the last traded price which would have meant a takeover price of around $7.
PWK Price at posting:
$5.99 Sentiment: None Disclosure: Held
