*If* (and before all the shorts start yelling, I said *if*)this company gets bought, I don't think it will be at some sort of amazing premium. If it's $14, maybe someone comes in at $18, maybe $19. I don't see $25 or something like that.
You have got to be kidding. A bid under book? The company is 80% owned by institutions. They are not about to give the company away. If the reserves look decent in the quarterly report, it should fetch 2 times book.