So the next step is to see how low we go when the totally fed up...

So the next step is to see how low we go when the totally fed up retail holders do not take up the offer, if that is what you can call it.
It is so much of a discount that one could be forgiven in thinking it is a fraudulent offer to get someone in at a massive discount? Not saying it is but it begs the question.
Are the Germans or other big investors so pissed of that they want to reduce their buy-in price? Of course for that to happen back door promises would have to be made about the surety of approvals. As always its about promises - promises but will they ever be delivered.
Like some others today, I am down about $18K today on this announcement so why would I throw another $5k+ after bad money.
I cannot say DYOR and please yourself - nobody is pleased here.
Listen well to Carna