I agree, ....I would expect the acquisition process would do one of three things:
1 - force CSGJ to report financials thus providing the information that gives the true value of the compan which would then result in PPS increase 2 - generate counter/additional offers to the point of reaching actual corporate value and increased PPS 3 - Provide the Longs the opportunity to hold their shares, bring in new management, and produce appropriate operating result and financials to increase the PPS ....
I do not think the $.20 would be acceptable given CSGJ is a "going concern" and plant and operations are somewhat close to what has been stated.
Status Quo is not acceptable, and I believe shareholder intiative is necessary.
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