what would you accept as a fair value, page-3

Well that is my point. Some people will not accept anything less than their entry point and this is valid if you wish to leave the market without a loss, but if you want to re-invest in other stocks, you can take a loss, but if the offer is at a nice premium, you could gain some extra leverage in a stock that you would like to move to.

Without a premium take over offer, you would simply have to sell at these pathetic levels and then buy into another stock.