why the big shareholders changed their tune and ok Publically, they said they had no choice. 33 cents is certainly better than 0. Privately?
I think 33 cents has to be a conservative figure. The expected FX fluctuations should be already priced in. The last thing the management wants is a law suit, when there is nothing left for them to fall back on. after distribution.
But I'm more interested to know what will happen afterwards. All the shareholders will still have their shares. Is the company going to void them, close shop, and declare fiu will no longer exists? Or somehow restart all over again, in which case these shares will still be worth something. Is that why the big shareholders decided to go along?
I'm speculating here, FWIW.