Current management has predicted they will be turning a profit in the coming quarters. If so, we would have a company turning a profit with shite loads of cash on hand. Is the current offer fair in those circumstances? I don't think so. Though, performance could just continue to go south. Depends on if you believe what the management are saying I guess.
News: YOW Yowie Group Says Notes Announcement By Keybridge Capital For Intended Off- Market..., page-4
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