takeover, page-17

One thing that is interesting with today's trading is that looks as though INE got a measly $2k or so of the $200 k plus value that was traded today, despite the fact that shareholders face delisting in a few days. INE would not be happy with that. Maybe they will be forced to act quicker. I.e. Put their real bid price in tomorrow. We all know the first bid is rarely the true bid price. Perhaps if they raise the bid to the NTA of 5.5, maybe they could get some compromise from the board. Perhaps not a recommendation, but a bit higher bid may entice them to agree to defer the delisting.