AK must be questioning selling at 32c now! I still cannot fathom...

AK must be questioning selling at 32c now!

I still cannot fathom why he would take an offer under the 36c Landbridge had previously put forward. The fact they were offering to buy all his shares should have been a good indication they intended build a significant position.
I think there must be another aspect to that transaction which we can't see yet (and may never see).

Anyway, it seems to be a no brainer to me at 38c. The prospect is you get 40c if nothing more happens and yet you are buying an option on STO or NHC trumping Landbridge and to do that I think they'll come in around 50c.