energyinvestor11
$FUN JANA isn't doing the company any favors by demanding a sale. First off, interfacing with an investment banking firm will distract management when execution is CRITICAL right now. Second, money spent could be used to pay down debt (est $1M-$3M). Third, any potential investor will probably just buy the stock. Don't need to buy the entire company unless it's dirt cheap (e.g, $2 per share). Fourth, elevated rates and oil prices give potential buyers a lot of leverage in negotiations. Maybe I'm wrong and some Saudi prince will swoop in with a $25 per share offer, but I doubt it.
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