FVR has had a checkered past, and recent news releases about lawsuits have not done us any favors. So the market is not going to give them much credit, and there will remain a lot of doubt about the deal even being done at all, let alone at a buck or more.
Even though there seems to be lots of value here, investors are going to want a big premium to compensate for the risk. I know I did, as I bought all of mine at lower prices. I don't know if I would pay 40 cents either, even though I expect the sale to be completed, and for a very good price. You just never know.
But, if you look at the WND soap opera, it seems that renewable energy projects are still in demand.
Fingers and toes are crossed! It won't be long now.