i sure hope so, it smells like a buyout. Management does not lift a finger and the stock was driven to the toilet. Management and their families accumulate cheap shares, then come the annnouncement. Insiders make millions; investors got out and suffered millions in losses.
I agree with you but what would be the reason for taking so long for the buyout? It seems strange to me that it would not have already happened recently. The company was already able to raise their own cash.