RE: Research28 Jul 2018 13:37
If there is another open offer it will be interesting to see the price, in light of the last being just 8p. And who would invest given the current crisis? BVT would also need another Whitewash Resolution to avoid it having to make an offer for all remaining shares.
Perhaps an offer is more likely. DFX depends entirely on BVT now, BVT is majority shareholder, Boccardo effectively owns the company already, he is calling the shots, BVT volunteered to buy all unsold shares last time and will end up taking the bulk of a further issue. We may have reached the tipping point where a further share issue is pointless and BVT ending the pain and making an offer for the shares it does not already own, timed to suit.