Hi NijI tend to agree re a bid/s from potential suitors - until...

Hi Nij

I tend to agree re a bid/s from potential suitors - until they know exactly what they are buying they will be cautious and I would expect that any bids would be low-ball. No CEO wants to be known as the man that went out on limb recklessly and overpaid for an asset before it was fully quantified. In the old days yes, possibly CEO's would have backed their gut instinct and lobbed a reasonable bid (and probably made good money) but now days with corporate responsibility, class actions, directors duties, political correctness et al company boards have to be very careful in how they spend company money and need to be able to justify every decision with quantifiable numbers.