Stop the "smart management" @#$%, all they want is "get rich quick", not becoming a powerhouse. Management has little say in decisions like M&A. BOD and shareholders are pulling strings on that. If there is an offer on the table at reasonable price ( $10/share), they'll take it. Cash in and move on. Management would have nothing to complain about, all their ISOs would vest immediately and they'll become multimillionaires overnight. Enough to retire in Boulder comfortably and sit on the boards of other less fortunate start-ups.
Your free advice is not needed or desired. Hopefully the folks at ARRY are exactly what they appear to be....highly motivated, extremely talented dedicated people that are satisfied building the next AMGN. Not get a little rich quick dip sticks such as yourself.
Let's play "what if..." What if "management" really wanted to cure cancer, or suspected that by holding out for a couple of years, they could make five times more than they would if they sold out tomorrow? What if.....?