Realistically, most would take $1.50 cash right now. I probably...

Realistically, most would take $1.50 cash right now. I probably would. But that's not on the table right now. And I (probably like most others) am happy to hold until the market turns and the SP reflects the true value (which is well north of $1.50). With IPM's approach this is looking almost certain (I would be less confident that COE would appreciate as much).

The scrip offer doesn't interest me at all.