if the lender is serious...then it would make sense to mop up all they can get on the lows.... the shareholders will have to approve the deal and anything that takes them over 19.9%
on the other hand any party still on the fence wanting a toe in the game would be wise to be mopping up cheap stock
as for the placement to shareholders....the amount one qualifies for won't be a game change for a big holder..so a sure bet to buy on market..and keep it down ...till they have all they can eat...works for both parties...whichever is genuine.........
DML Price at posting:
9.6¢ Sentiment: ST Buy Disclosure: Held