If there were to be back to back announcements, Consolidution and Lenze, why wouldn't you have a TH in order to avoid a wildly fluctuating SP?
If you don't have a TH, why wouldn't you announce the positive Lenze deal first to push up the SP,
and then announce the Options so that the gap to the strike price is small and the options attractive so that it builds on the improved sentiment...
Making the announcements in the order they did and allowing the SP fall as low as 1 cent is a nice windfall for the CN holder and yet another kick in the guts of the LT holders, especially the part that the bonus options would also be available to people buying stock now and the sophs and directors participating in the imminent CR.
For anyone with an inkling of the Lenze deal, what a wonderful opportunity 1.1 cents was as a buy. Would have got some myself, but fresh out of dosh....
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