"Actually even now the BOD ought to be giving substantial attention to issues related to how to avoid a takeover. NOT is extremely vulnerable to a takeover right now."

Quite the contrary. Between the retail who made their solidarity known, and the dissident group who won't let go of this company until it achieves their end, the company is in very little danger of takeover. Both groups would find a common bond in voting down any hostile takeover. Both groups are interested in profiting, except that the retail have a higher number in mind.