Thanks for your reply Rimtalay !
I'm not sure if my math is right here , but after taking dilution into account, shouldn't the old 10c offer now only become a 6.7c offer?
Maybe I have to try and work this out again?
It just makes no sense to me atm!
Though it does appear like a good way for TTY paying back the loan to themselves and paying 3.3% interest to boot!
??????????????