For me personally, I would seriously consider any offer above $3.50 CDN.
NZ....without a doubt, KRY is worth that and much, much more if it weren't in Venezuela. The question is: "what will the market value KRY at?". What concerns me is what the smart, big money is valuing us at as we speak....and when I say "smart money" I include West Face Capital and other connected players that don't overpay for anything (if they can help it). Notwithstanding the "stealth buying" theory....I think there is still some truth in the axiom that a stock will go up when there are more buyers than sellers. This stock has done nothing but decline since we received news of the agreement.