Fair enough, I too think the reverse takeover scenario is...

Fair enough,

I too think the reverse takeover scenario is mindless speculation. I highly doubt that the JKA BOD have had anything to do with whats going on at TPT.

I would think the merger failing would be seen negatively, but bear in mind the share price of JKA was hovering around 7c prior to the takeover announcement. I would expect it to fall to something similar to that, but expecting the BOD to be working at alternative scenarios if this fails.

Whatever happens depends upon the circumstances that each person has, investing timeframes, expectations for the future and risk profiles relating to investment sums.

For me, I don't want the deal to go ahead, as I will be overweight in a much riskier investment. I would keep some of my investment in there, but the size of my investment makes me overweight in my portfolio due to the increased risk and therefore I would want to sell some, hence why the conversion price for me is such a big deal.