>Interesting table. Based on that, and assuming that any takeover will have management's blessings, I would surmise that any takeover will be at a premium no less that $1.5, and probably in the neighborhood of $2.<
Did you mean to say “premium” or “price”?
p.s. I bought near the close.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”