Cheap offer as we all know the guy is well know for opportunist....

Cheap offer as we all know the guy is well know for opportunist.
he "Scheme consideration represents an attractive premium:
Based on the closing
price of Atlas and MinRes shares on 4 April 2018, the implied premiums are:
o
59% to Atlas’ closing price of 1.90 cents per share on Wednesday 4 April
o
28% to Atlas’ 30 day VWAP of 2.36 cents per share up to an including
Wednesday 4 April"

I think it might be through the broker that the price has been pushed down for over couple months to make the take over look good.

Cliff as I suspect is a wage earner not a good CEO, how can you accept such low ball bid .