Who knows where it will end up.Look at CSM who started off with...

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.