Betr have raised cash for their bid- their offer sell re the future benefits- looks weak compared to what's on the table of $1.20 cash bid- the only option Betr have is to offer some cash and more shares to make it attractive to shareholders who want to stay in the sector. Otherwise- we all will take the $1.2 cash. compared to under $1.1
The personality of Tripp is not to lose- trying to sell this $1.33 blue sky - very clever in buying 19.9% - anything can happen next- but we haven't heard the last from him
BBT Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
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