Twice as much buying as selling today and stock didn't move up.. More late buying at close of 220K shares at 1.69.. Stock is obviously being held down... Earnings next week .. wed may 1... might be more information then.....
Since many institutional investors own shares in the 7 range I wouldn't think buy out would be less than 7. Oil Service and Equipment sector is booming now with HAL leading the way. DVR is a perfect fit for a company such as this or any number larger cap . I am also invested in HAL..
You never know. These micro cap companies are easy to takeover or buyout, but they also tend to have very high % institutional ownership as a matter of course, whether there is a takeover imminent or not...just a common situation with microcaps, mom and pop have mostly never heard of these little companies.
Disclosure: I am long DVR as an individual investor. I'd balk at buyout less than $6/shr.