Addicknt however friendlies can deal though with a little whisper. Happened on CNR before offer was made as evidenced by massive mystery transactions. Regardless what anyone will say, it goes on.
Ah great. There’s me thinking there’s a 20% dilution.
Thing that still bothers me though is Condor option/warrant holders are being rewarded with shares in MTL. I suppose they’ll not be too bothered “they have no rights “ as you say unless MYL needs to raise capital. They don’t seem to need capital so all a bit pointless really. Cheers for that!
“Following admission the company will have 2,965,439,489 shares in issue……” don’t all these have a right or future right of equity/a share of the company?
The assets and pending news flow surely add up to more than £65 m Daisy. I know investors are worried about risk at the moment but company changing news could land at any time.