Scott...I bought RESN because I always thought it was a potential buyout candidate. However, I did think it was worth more than $4.50 a share and still do. Trying to read through the mumbo jumbo legal wording in the SEC filings it looks like 4 other companies explored buying RESN, 2 of which it seems do not want to outbid Murata because of their own development products and 2 others don't think they can submit a bid within the timeline that Murata has established to finalize the buyout. So unless those 2 other companies can fast track a competitive bid offer I guess we are stuck with $4.50. I do see there were a number of lawsuits listed in today's (3/14/22) SEC amended filings related to the buyout.
There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true. **Soren kierkegaard
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