1. STX offers a price. TPD doesn't accept
2. STX offers a price of 0.21. TPD accepts. STX withdraw based on due diligence reasons
3. TPD share price plummets due to the inference of poor financials on their books in the STX announcement
Possible next stage
4. STX offers a price less than 0.21 due to the decreased TPD SP value and possible shareholder concern of TPD financials
As a TPD holder I hate how dirty this is because I have lost alot of money today, but it makes sense to me that #4 is the next hand to be played here.
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- Ann: STX: Talon Transaction
Ann: STX: Talon Transaction, page-84
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