Hi all,
You guys really are in a pickle, has anyone thought out the next step if the offer is rejected and they don't launch a higher bid? Cap raising at .002cps would be a disaster, good money after bad and peanuts would be raised as the market cap is so low.
What is the alternative to this deal? Bankruptcy or massive dilution at rock bottom prices forcing L/T to cough up again. Rock and a hard place any other scenarios floating round? Bidding war would be the only positive outcome I can think of.
cheers
- Forums
- ASX - By Stock
- BLR
- Mum Dad Investors Demand Better T/O Deal
Mum Dad Investors Demand Better T/O Deal, page-12
Featured News
Add BLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online