Read the announcement again.
Noteholders vote for a competing proposal and PLS gets the break fee.
PLS decides not to make a matching offer and they get a break fee.
Why on earth would the noteholders want to vote for a higher offer and give up millions of dollars?
They have demonstrated they are not the compassionate sort.
Ann: PLS: Conditional Agreement to Acq. Altura Lithium Operations, page-87
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Change
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
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