AZH only had about $1.5 million cash at 31st. March after...

AZH only had about $1.5 million cash at 31st. March after spending more than $4 million during the March quarter.

I wonder whether TRY made a tactical error in agreeing to provide AZH with $10 million cash?

If TRY had not done that then AZH might have had some pretty bad news to tell its shareholders about its current cash situation and its ability to actively continue with its business activities.

Seems to me all the AZH shareholders not accepting the TRY bid have failed to ask themselves, "In this market what price would my AZH shares be without TRY's bid and without TRY providing AZH with $10 million?"