We won't really know if the Deutschs' (acting through AER) have gotten a good price in taking ZSTN private until we learn what the current company's actually worth.
Until we have access to financial data more recent than September, 2011, we just won't be able to make that assessment.
I suspect, however, that the SEC's going to take a long, hard look at how the Deutschs' have caused ZSTN and CMEDY to behave during this process. If building information blackout walls around the companies has served to artificially hold down the share prices, it's definitely the kind of thing the SEC's designed to prevent.
Well, here are the SEC Form 4 filings made yesterday of all their purchases over the past several months. My understanding is that they should have been filed much sooner, within days after the transactions, not months.
Probably wait and see attitude. AER knows that ZSTN is legitimate and that getting the stock for an avg price of around $4.50 (guesstimate) is a steal based upon their book value of $8.21. Also with no debt and so much cash in the bank Im sure another larger company would want to scoopo it up at bargain basement prices at $8.21. Remember the $8.21 per share includes all the cash in the bank that goes with it and no outstanding debt.
It's Pure and Simple Manipuilation. The people with power to create these giant price swings are raking in the money. ZSTN is legit and when "they" are ready to let us have our day - we'll make money, too.