jet328,
I agree, I was banking on at least $1 upon production start-up, so on that basis, the current offer has no premium at all, IMO.
They will have to do a lot better than that, and we have to hope holders are sensible enough to reject this derisory offer, and if they want it badly enough, come back with a proper offer that we may take seriously.
Does anyone know if any of the larger holders have commented on their views of the offer?
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