I agree...it sounds like you know of a take-out offer..?
Speaking of hanging on, 2 hours into trading and 39k shares traded in Toronto, not one trade in the last hour. If the company was waiting for the shares to be in strong hands, I think they've waited long enough.
Everyone is just sitting, waiting, wondering if it will happen. Share price hovering around a buck and a half for weeks now, a lot of patience being shown.
When will it be?