A few pundits named GXY as a potential take over target in 2019.
For some of those who think the company has good prospects, and I'm among that number, it seems obvious that now would be a suitable time to "attack".
The big holders haven't budged. If they were worried, they'd exit - or wait for a semi-recovery, then exit. They didn't go to the door at $2.88 or $2.08 either.
If the price climbs up to over $2, maybe up to $2.20/$2.30 and you don't see movement from the big holders then, they are definitely in it for the long ride.
So why no takeover at this price? No debt, bit of a war chest, good medium-long term prospects...
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