I don't exactly know what you're asking....so I'll address the offer price issue with my own thoughts since reading the news article.I don't believe this price will be accepted by the shareholders....it is way too cheap.The premier players in this industry are selling at 3 times BV....this offer is at BV(once you take out the cash currently in the coffers)....A company with a 25% growth rate, 18% ROE, no debt, majorally postive free cash flow, should at least be priced where the P/E matches Growth Rate....Current P/E is about 7.5....another indication that the price offered is way too low.I have played this stock several times over the years and made money on it all the previous times....this time I got in several months ago at 13....by the time I read the news of a purchase at $10-12/share, the price had already dropped.I figure the offer puts a floor of $10/share under the price, and I now have almost nothing more to lose by waiting a bit and seeing what happens....I risk a little time value of money to gain a better offer, or JWG continuing to do profitable business independently.Timba
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