takeover offer @ .032cents, page-16

Something well north of 5c would seem to be equitable after the recent raising. While the NMS history has been sad, the near future holds considerable promise. Thorney is not normally given to shooting themselves in the foot, they are unlikely to be happy taking 3.2c after participating in the equity raising at 5c.
Entities in Singapore are not great believers in the concept of fair play, let us hope they are not rewarded for their opportunistic move and we can keep the bright future of the company local.
No vultures.