What would you do....if you were in Osmose's shoes.....
In the bast of cases at 12 cents/share.
With a "surcharge" ,of 125% of the closing price, anything above 9.5 cents will cost them a decent chunck of change.
A 12 cent close would cost them over $1M !
So...
Hope that the SP goes down ?
or Bite the bullet and cough up the $ ?
May be time for Tim to start being real serious about Plan B....
Investco #4 anyone?