Re: $33bn 'significantly undervalue' the stock
"The current value of HP is precisely known it is $30.7bn as of today"
What you meant to say was that HP's "market cap" is $30.7bn.
Value is a different proposition and is usually less IMO.
The BOD wants to get a much higher price in a buyout to get as much value for the shareholders (themselves) as they can since they'll likely be out of a cushy high paying job.