Look I know this whole game is a joke , but the directors assess the offer to see if it's fair & reasonable given all known factors - if there is no higher offer forth coming - then that's it . they wouldn't be recommending it if they didn't think it was fair - they could have just left it & waited to see if there is a better offer - but worse than that they have signalled their intention to sell into the 33 cent offer. they didn't wait to see what small shareholders thought of it.
CXX Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held