what is getting me is how the hell would anyone buy a shares (or...

what is getting me is how the hell would anyone buy a shares (or get issued a share) at $3.78 when the current SP is $2.33?
This either prove that gastech is either stupid, or the chinese deal is done (hence to make sure it doesn't dilute too much of the current share holder holdings).

well, pick one :)

I hope is the second one, of course.