I have no idea what this means, but I can only assume all the rumor mongering has been just that ... rumours.
Solbec have released an announcement saying that they will NOT be sending out the standard letter which forms part of the announcement because noone would be interested in taking up the options. Nothing more, nothing less.
This is either designed to panic the market, which it will do, so those in the know can buy them all up - or more announcements are to come (not implied).
Looks like all have been left high and dry.
SBP
solbec pharmaceuticals limited
