Corgi may or may not have an agenda, the fact is that if management can't get this done at a hefty premium it will be an outright failure and the trust worthiness of management takes a massive hit, unlikely recoverable.
If it's done at anything more than 20% dilution then it's pretty clear to me that they have been lying through their teeth, or, are completely incompetent when it comes to running the financing side of the business.
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-16
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