Why would they do that. It is virtually impossible based on the poor take up of the offer at 7.5% more shares. At 27.5% very much still a minority shareholder. All be it the largest one compared to the next biggest who own 11%. We shall see what happens after the 16th. If they don't extend the offer, then after the expected good quarterly it is put or shut up. Either increase offer over 31c so board can recommend acceptance. Or shut up. As it will be in their interest as the largest shareholder to have an increase in share price. I believe the second scenario is likely. They are just chancers. Mugging people at 23c.
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