You'll have to pardon my ignorance. If JBII was offered a Buy Out by company X, wouldn't it be worth less money than if JBII were to remain in business and sell fuel?
IE, if Shell decided that the money it used to put towards it's algae to oil debacle was used to buy out JBII, as JBII shareholders we would be offered x # of RDS. Currently trading at $69.64. P20 has the ability to crush $70 when fully operating. Other than quick money, how is that a good thing?
D3