Only if its an MTC JV entity (ie like Medvarsity for example) and they want a big slice of MVH. Broking firms or sophisticated's would press for an at market price imo
If its done at 17c, some holders will want to take some off the table. But the conditions of the director options suggest more upside will need to be sustained for them realise more value in their options.
Personally the new structures moving forward tells basic story of whats to come. Exactly whats to come and/or how much its worth I can only speculate.
Quietly optimistic on MVH (more so than before), but work still needs to be done.
Cheers,
The Sparkler
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