Judging from the trading the last couple of days, it seems to me that many investors share your interpretations that a possible merger/takeover is developing...
At the ASM however, and in response to one of my questions, Dr. Cox was emphatic by stating that he hopes the company does not get taken over because the future potential is great as an independent entity. However, since then, there has been some signs, as you pointed out, that perhaps something is currently in the works. It seems to me that a merger with LFB at this point, and with management's blessings, would make good sense...
Who knows, we could possibly fetch $2 per share in the not too distant future...
