interesting dynamics. ripe for hostile takeover in that an acquirer could make a compelling case that mgmt has not acted in the best interest of shareholders. i can see the attorneys lining up on this one.
i can also see mgmt rolling over and saying we have a deal once we get these options.
Hostile takeover talk is interesting...but I would call it a leaked buyout offer made by the opposite BP...whomever is going to step in and make that final last buyout offer will make sure us shareholders are aware of the price so the pressure is back on the BOD to defend themselves and the company. Lets say BP A ... or BP A and B...put offer forward for $50 buyout and leak it out... now the BOD and CEO need to disclose and give the reasons why we are undervalued at $50the pps buyout. Either way... shareholders ultimately will win and again...who the hell is going to short this stock going forward!
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