At the end of the day it all comes down to the numbers, with the current (new) top 5 shareholders only holding 19.35% of the company where are they going to get the remaining 30.65% from? I understand there is Maria and the Japanese contingent (National Nominess) but they still fall well short.
ps Maria has appeared in and out of the top 20 over the last few years, dont think there is anything "stealth" about it.
pps Not ruling out a TO myself, just think it might be too soon, wont settle for anything less than $3...
CDY Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held