what would you accept as a fair value

Assume that someone wants to takeover AGO.

Personally, I bought in at $2.50 this time around, but have made 10's of thousands previously on the upward trend of AGO.

Yes I am down, but so are all the other stocks. So would you accept an offer that was below your entry price.

From my point of few, I would as long as the leverage I could get in something with just as much potential, if not more was realised.

eg

September
AGO = 2.50 per share
Company XYZ 1.60 per share

November
AGO 65c per share
Company XYZ 24cents per share.

If some one offered 1.80 for AGO, I would accept if I could get more leverage in company XYZ

Just remember people that the whole market is down, so dont go in with the blinkers on if an offer does come.