huge trade above market.., page-11

Who knows where it will end up.
Look at CSM who started off with an offer around the amount you suggest of $2.28.
With a couple of other bidders interested its gone from there to $2.82 then $3.25 then $3.30 then $3.60 then $4.10 and now $4.50, nearly twice the original offer.
I suppose a lot will depend on how much Anzon UK will accept and I am hoping they are acting in shareholders interests and not supportive of the buyout.