RE: What's afoot here?24 Feb 2021 15:43
SD67,
"16p would be laughed out of the room by all invested here...."
What you need to consider is an offer could consist of cash & shares. 16p, could be offered as a deal sweetener, as only twice, for brief periods during 2017 & 2018 spikes did the price rise above 16p. A cash consideration of 16p/s would ensure virtually all investors would see a cash return plus return of original investment ... plus the shares of course.
More than one way to bake a cake !!!
aimo