Private Equity interest

I was thinking after the interest from Constance Capital and the AFR article that it makes sense for a PE bid.

Board is still in flux.

P/E ratio is trading at half multiple to the medical device peers.

Lots of upside is still on the table due to dysfunction from the board and not executing.

At least 3-5x sales potential if run right according to my numbers.

What does everyone else think about a PE buyout? Last bid was at $4.65 by a US group

I am not sure if I would sell to PE at the moment as I think it should be at least $30