I agree with you IF, and this is a BIG IF, Keith did not sell assets to Melrose in exchange for compensation that does not benefit shareholders. I would like to think that Keith would not do that to Longs after all we've been through, but at this point who knows. I have doubts and believe he likely sold it all and kept any proceeds.
But if that is not the case and he has the assets (and valid leases), then we will likely see this rise into the pennies when a plan/partnership/sell is put into place.
Big stick -> Don't Blink -> Silence -> Cautiously Optimistic -> We're screwed -> Perpetual Nothingness.....