They don't want to turn the company around. They want the money...

They don't want to turn the company around. They want the money that's in the bank. Hence why management are offering you 4c back. They want to lower their cash reserves to avoid temptation of a takeover. The company is in a horrible place, stuck between 2 horrible options which are keep the current incapable board whos track record has shown they are out of their depth or turn all the cash over to Keybridge to suck dry. Yowie needs a major revival and neither option A or option B will be the answer.