linds pound of flesh vs coldrys india plant, page-5

'Will Lind want to Even look at underwriting a reissue
With a SP that low?'

That's kind of the point I was trying to make earlier and giddyup and Obe Wan kind of answered it for me. Surely Lind would have been expecting the sp and esio to dive post ALDP, and so why would they consider underwriting on Res 7 terms? You would think the underwriting would be conditional. But there was no mention of conditions attached re ALDP or India. It doesn't make sense unless the negotiations are very advanced and there is something concrete to announce re India. It sounds nuts but what if they do decide to underwrite as per Res 7? What message will that send to shareholders and what effect will it have on the sp? If the oppies plan is scrapped, on the other hand, then Lind's motives may be 'other' and until the fleas drop off.