who on earth would bother to capitalize a coy where a vital rung in vertical integration is under grower threats , plus growers wanting more of the oil profit , all of this at the worst possible time ( teague and his growers who supported him really were living in fantasy ) class actions, board fighting , plus PUT options and the cost and need to attract shareholders. Interesting that the put option was only exercised AFTER the coy making the bid which had supposedly finalised agreement did NOT respond to a request to seal this down recently. U would be mad to capitalize now unless u r FW . The reality is someone will buy the trees just like Santalis did from a sandalwood coy in receivership . It will pay off the huge debt and there will be very little left .
