So far, idiocy has been the theme with these guys.And also there's commonality of relationships across both companies for many other deals, so overall career self interest kicks in.And they hold significant % of HHI so have a greater say than minority.So the probability is that the deal goes through.The PA today suggests that the market thinks it could fail and there's a bargain on a recap (plus higher the SP the even less dilution for the CR).Either that or the market hasn't worked out that the consideration received of 78m CPH shares at 1c is just $0.7m plus some oppies($0.7m is just an incredible giveaway when you consider where HHI is right now, which is why I'd vote NO even if futile exercise)
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Ann: March 2023 Quarterly Report, page-12
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