Pay day, page-15

I think everyone's expectations are a little high. Purchasers become interested when market caps are low. They want to buy a bargain, not pay what a company is "worth". I've had the same at Nearmap and am absolute debacle at Humm. In both instances the board of directors recommended accepting an offer that us long term holders think is well below what the company is worth. Considering we were trading at just $2 a week ago, the buyers may have been hoping to pick it up in the $2.50-$3.00 range. Once one offer is made public, the other interested parties may disappear. Hopefully a bidding war happens, but I still think that would only get the price up to $4.