Tim and his mgt team has big vested interest in ltr, especially...

Tim and his mgt team has big vested interest in ltr, especially Tim at 15%. Although his decision is for the best interest of shareholders don't think for one moment that it is also guided by his vested interest.
the fact that ltr mgt decided to announce the abl action imo mean that the offer price is getting very close to their fair value and they intentionally announce to test the market as well as put abl on notice, if you want ltr increase your offer.
I wouldn't be suprise if mgt start negotiating at the offer cir. $3.
we allwant higher sp price but the price we need to factor in the risk from now to production as as well time value of our investing money. I think mgt know that and they have all those information at their disposal and that is why i think they would consider any offer cir. $3.
Just mo of cause.
good luck us all.