Management has to sweeten the pot to 60 cents per shareManagement needs to sweeten the pot for Poda shareholdes to 60 cents per share.
This can easily be done. They increase the payout ratio to Poda shareholders and reduce that of management. It would be more equitable and fair.
Otherwise, the VOTE WILL FAIL.
Notice that the volume has dried up, so my guess is that 50% of the float will vote against this deal.
Management will want some type of proceeds contrary to no proceeds, so all they have to do is sweeten the pot to 60 cents per share to compensate shareholders. This will show good faith.
For the moment, keep up the pressure, protect your rights with BCSC and file your complaints expressing your concerns.
My personal opinion,