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Andecker

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Andecker

Re: oldhamtrader post# 11145

Thursday, 09/05/2019 9:00:42 AM

Thursday, September 05, 2019 9:00:42 AM

Post# of 11618
RE: Increase in purchase price by Star -- purchase price has been increased by $36.5 Million to $429 million in cash.

This is a 9% increase in their offer. Well, better than nothing but if the stock price reacts as it did to the original announcement - do we expect SP to go up 9% as a result? This put us at $4.8X or so. Far below the $5.3X we were trading at before the board tried to "max our shareholder value".

I still respect management of this company and disagree with the negative comments by other posters that they are milking this, no transparency, etc. They could have thrown in cards long ago and as a result screwed many other entities. They did not - and pulled this company from $.08/share to over $4.00.

Snowberry - do you even own shares ?
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