Just had a closer look at the offer, this was when the shares were about 5p so their offer then was good, but it says if you don't accept the offer you keep your shares, so there is no take over as such.
I have recently bought in, and received a action regarding a take over bid of 0.155, the board recommended this offer. The last time this happened i got what was on offer in otherwise as of 14th we get 0.155.!! Anyone shedvany light on this I'm new??