I see it this way, 60c is a great deal for shareholders, without the current bid underpinning the share price current market cap would be around $7-8mill due to HYO's poor history, one quarter +ve and next quarter -ve.
I suspect any deal over 40c is good for shareholders. The deal, if it goes a head would be good for management as any deal would have there contracts tied to it and fair but not good or great for shareholder.
On idaptive, they've spent a lot of money developing the product for very little return. Last year the product was distanced from the company, says a lot.
HYO Price at posting:
55.5¢ Sentiment: None Disclosure: Not Held
