In my place they say, "change place change luck".....must be good reason for it,possibly major investors demand, or some new strategy fresh approach, will find out soon enough but hopefully will help to move the company into better and successful ways.
Also hopefully the market will warm up to this reshaped.
Personally I have taken different strategy by avoiding the offer and instead adding chunks on the current SP decline when I can with the same hopes that price will be much higher when licence is finally granted and the production increases dramatically.....
Keep on adding contracts.....prime target for take over, or RTO by company that want easy entry into the market and will inject much needed funds for further growth.
However, there is still a glimpse of chance to get a counter better offer, but it will still be nowhere near to what most here including myself have hoped for.
This is the latest daily pattern.....buy the morning dips and sell late afternoon an hour or 2 before close and you can make a little or more depending the size of your trade....