30 August Timeline, page-24

I have nothing to lose and signed no form of confidentiality, so here's my theory.

EGM to be called to consolidate shares and issue of 3x new shares for the buyout of CXs 75%.

Concerted effort at keeping price down so that the offer made to Sophs and Institutions looks clean using xdays VWAP (because no other share issues have ever taken that approach ).

But regardless of share price, CX will want a healthy return on their $22m investment in TSi. ATM numbers under their control have ballooned from 200 to potentially 20,000. Anyone want to guess at the value CX will expect for that, then add a typical 25% return on that as their premium?