...for a multitude of reasons, they would have to offer at least 17c+options as we would argue that the market judged this to be a minimum as Tranche2 was successful. I would think at least a coupla cents above the 17c would be a MINIMUM starting point....IMO...of course it could be a combo cash/equity OFFER....all sorts of variables are possible...It could all become very interesting and it might come to nothing....just watch if capping stays in place..LOSS consolidation is no longer relevant ....L :0)
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