market might anticipate mqg takeover

That's what some on hc and me too would prefer instead of a possible share issue. By the way, how could they achieve about 170 million or so by issuing new shares, 1.7 billion shares for 10 c ?

No way, I think they have only two options, either the lenders provide more time as Buffet has suggested or MQG steps in. As someone who bought av. 12.5 c I would be happy with a t/o at 20c or more.