IMO this is all up to what Pascal and FQ want to pay. It has nothing to do with what PTQ or Fifer want to get. Pascal's offer will be accepted because there's no other alternative for PTQ.
I hope they get $1.50, but I don't see it happening.
If PTQ is Panama, then why are you talking about selling the Panamanian part of the company. If your assertion is true, selling the Panamanian portion alone should not be an option.