the timeone money will not be forthcoming at 35cps, if at all it will be at a renegotiated level, say 20cps, transferring a larger share in plv to timeone
management, left with no other option (why else take timeone when all the while promising a japanese trading house etc) will grab the money if any is on offer and at best the share price will limp around these levels, at worse timeone walk away and shareholders will be left with a shell