So we are left with a part time CEO who wants to take back his...

So we are left with a part time CEO who wants to take back his love child and we will be asked to vote in 3 hardly independent choices of Tony and allied and I expect pre IPO “friends” . We are also asked to approve a further tranche of free options to Tony and I expect incoming Directors.
Tony is an entrepreneur with a track record of being a junior investment banker with no pharmaceutical or medical experience who got hold of a discarded asset for virtually free and has managed to get it to the starting barrier. On the first sign of success he wants to delist and take back complete control. What could possibly go wrong !!!
I can understand why the independent directors are resigning, Tony and friends have to much voting power .At least they have extracted a binding undertaking not to de list and kept the market informed of the sad behaviour of Tony and some significant holders behind the scenes.