"...still higher than the last share price that the company traded on"
Yes, but...
1) Depends... e.g. drain $60m+ cash dry on fees for 10 years... nothing to return back
2) Most holders didn't pay 6.9c, most of them paid a lot higher (eg 40c+, well below cash backing)
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"...still higher than the last share price that the company...
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