Also, if the existing shareholders got a consideration, the share price would rise, hurting the begger's who want to get their hands on it for minimal price.
If our shares are now worthless, and dilution ahead even worse, and we will be left with nothing, my question is why has Mooky not off loaded his holding? i think Jahngo did.
Even with Hedin backing out of the deal, the share price is very much under value, I don't doubt a few will be selling to cut their losses now, but sub 18p is far too low.