This is just too easy for Wyloo
First they say they intend to offer $0.315 per share
The share price runs up past the intended price to $0.365
Noront does a PP at $0.285, but only selected entities are allowed to participate (I tried and was denied)
Wyloo assures the current management their jobs are secure
Wyloo reaches out to FN's and we hear of no push back whatsoever from any of the FN's
Management hold their AGM
The price drops below the intended offer price, creating opportunities for Wyloo to increase their holdings
My conclusion: long time shareholders getting shafted again.