I agree with you. The investment community will want to see the financial data before committing significant money into BDE.
Personally, I am comforted by the fact that Kanders will now own even more stock at a higher cost basis. Sooner or later he will have to have an exit plan in effect to make some money on this large stock holding. He has only about 2 years left before well over a million shares stock options expire at levels of 7.50, then 10 and up to 15.