I may add it may give them something to sell out with if funding was to fall over. Imagine trying to offload now at $1.00. Delphi will be absolutely stuffed!!!
If things were really bad I would have expected a big pump and dump and Delphi's holdings to decrease just as Hartleys did years ago on the register and Lind Partners. Lind were able to make some money of the register with their pump and dumps. Their were cross trades higher at times on the register to push price up and then big selling to offload shares.
Ann: Non-Renounceable Offer - Extension of Close Date, page-9
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