It's a good point and here's my theory, and it is only my theory.
There are something like 280 mill Options ( or thereabouts but happy to be corrected). In the event of a take over , and this seems to be what they're angling for, that's 280 mill less shares they don't have to try and sell to a perspective buyer. Management still make a ton of money, existing option holders lose out. I've said it before, if this is what they're angling at, and a CR is required but our price is still lagging, how will they explain that to shareholders and the enormous amount of dilution to come.
CRI Price at posting:
1.5¢ Sentiment: None Disclosure: Held
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