BTH 0.00% 12.0¢ bigtincan holdings limited

Ann: Corporate update and equity raising, page-17

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    So T/O offer of 25c potentially double the SP with a bit of negotiation but let's roll over the debt with Regal & do a CR at a massive discount.
    Similar story to what they did with the last T/O offer it's almost like their go to strategy against a T/O.
    Not sure how this is acting in the interests of shareholders personally I'd be happy with 30c to rid myself of this albeit still at a loss.
    So where is the SP heading 10c or 25c or something in between?
    More shenanigans with the SP to come for sure
 
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