the issue i see is all the board somehow doesnt want to step down even only one hold large portion, so whatever they are going to do is not gonna be exciting by default... i think thats why top holder is leaving...
as to the deal, i couldnt understand why Coastal just buy REF out, which will actually work out cheaper, Their parent company got plenty money, offer 3.5c cash, everyone will be happy... its not surprising they were the buyer at 2.7c
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