Ann: Trading Halt, page-84

Surely the board would take a 50% higher (at 4,5c minimum as that is what the share price is at the moment) than the 3c offered by MIN- they stand to gain substantially more personally- if the motives are personal and not in the shareholders interests. And that would be difficult to prove as well as that it is a possible delaying tactic.

But I have also wondered if the announcement doesn’t remove trading dates between now and the 22nd, thus preventing either another large stakeholder entering, or the existing players advancing their stake. (Which may be more favourable as it will force their- Twiggy/Gina’s hand)