It's about getting money onto the balance sheet, if you think there is value in those assets as a shareholder you are given priority to buy them before someone else does, if you don't think there's value then you should be happy that the company is taking money from suckers.
If you think there is no value in all assets or management then here is your chance to leave. Of note is that the company still retains an interest of (I believe) 20% so you are hedged either way.
IPT Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)