Papertiger and others, The real issue that remains is not...

Papertiger and others,
The real issue that remains is not whether to stand and try to hold back the tide here .

PNA Directors response to GRAMs offer was along the lines that taking the deal is the best idea now, only because GRAM has already achieved control so alternate options are open.

The implication in this response was that, if it was not for these circumstances of control ,it is not a good deal.
That is ,in the absence of GRAM taking control ,they would reject a Offer from any Third Party at these levels as being insufficient

Doesn't that beg the question as how our Managers allowed or at least did not for see this developing.
Did the untimely removal of Gary Mr Stafford play a part?
I might be wrong , but my guess is , that he was the first to see it and tried to stop it.