Interesting I was just perusing an article with Rob Clarke on...

Interesting I was just perusing an article with Rob Clarke on smart company done in April. In the last little bit he get a question Is hyro in danger of a takeover since everything is cleaned up.
Rob replies " we have a firm belief in the value of the business and it's not based on the Market cap today, it will be based On where we see it in the future. Anybody who comes knocking on our door needs to be serious."


Well someone has knocked on the door and it's gone this far, we have been told there in the final stage and negotiating a offer price. You have to think for the board to go this far the offer is serious and close to the figure that the board thinks it's worth. Some good post by bigsharehead on his valuation @ $1.23 and up to $1.70. The latter seem to me a serious offer,
But the thing on how much will be offered will depend on
A. who and what they can afford ( confidentiality is it a major player).
B. How quickly they want it.
C. How much the buyer thinks they make with there expertise and it can enhance there business.
Does the board consider $1.70 cheap, one thing is for sure it's not going to low ball as I don't the board would even bother. All will be known at a small chance by Friday or most likely the week after.