One would have to make a number of assumptions to determine if a buyout even at $2.00 a share is going to generate a fair return.
Considering that is almost 1 billion dollars, what return would be generated if the buyout company bought CDs or other markerable securities over a several year period? As it stands it would take several yeras to generate enough cash to breakeven, much less show a return equal to other alternatives.
Right now even with a potential of hundreds of millions in patent income, the $2.00 price is too high.
It's a matter of the return on investment and most would take the greater return, I know I would.