I'm sure that would be their preferred option rather than a straight takeover as a business combination implies that at least some or probably the majority of the board will keep their jobs. Also it means they don't have to sell their shares "cheap" as they obviously value the company a lot higher than 20c which is why they turned down the other offers they would simply be swapping equity for equity.
Personally I'd vote for it and actually stay a SH rather than take the cash option although I would probably reduce my stakeas I think the NASDAQ might be a better place for growth.
Things are looking more promising than. 6 months ago anyway
I'm sure that would be their preferred option rather than a...
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $143.7M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $278.4K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 380352 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1150369 | 15 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| BTH (ASX) Chart |