mckay should have disclosed the debenture calcellation..if it happened..which it may not now..Many times in merger/offer discussions they will want to keep as much cash on the books.. They will often push out an earning release if a T.O.B or offer is about to be forth comming... FVE has never had this huge a cash position..should be close to 70 million
Any buyout would have to come at a huge premium unless it's the overlords. Watch them offer a buyout for $6.22 and have it approved by the FVE board and the majority of shareholders both of whom are the overlords. Very little any retail shareholder could do about that.