RE: Big mouth king16 Mar 2015 10:21
JB, not if his loans get replaced, hence my reference to medium term.
I dont think he will have an open offer. I think he will limit it to existsing shareholders, saving prostpectus costs and perhaps with King underwriting the offer.
After that delisting gives him much more flexibilty, especially if the team is not promoted. The problem will be replacing then creating enough debt to control the insolvency event.