The question is whether someone is willing to pay more. The premium is a little light. But, Annaly trades for about the same P/E that Crexus does. On the other hand, Starwood is more highly valued, so could be willing to pay more. They previously offered about $14 per share, and may be willing to bid in that same area now if they're interested in getting into a bidding contest.
what would make you happy? The offer of 12.50 is worth 13 bucks right now as they won't get this done before the next dividend is paid. Likely it will reflect a special final dividend at years end. imo
I agree...offer seems a little light for this great little company. Not sure what to do here....probably hold through until next divvy.
On a side note.....have you considered NCT? One of my holdings for a while now..great div. yield & rising share price. Small pullback last week or so after the quarterly window dressings were over by the big boys...check it out...you may like. GL