I thought this was just a ploy to get the financial information. Those conditions only count as part of the off-market offer. This about it this way. The offer is so ridiculous, that making it would only be damaging to anyone involved. So why even make it? What benefits can they obtain.
Once they do the due diligence, nothing will stop them from making a 17,000,000 (minus what they already have) unit buy order on market at 60c or whatever.
It's like taking a car for a test-drive, just to buy it cheaper somewhere else, you're wasting the salesman's time for some personal gain. (Maybe I should leave the car metaphors to Giddy)
OAK Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held
