I think any new bid north of 100m for EZ, provided it's separate and apart from the MWS deal, would be viewed positively. It would give the company breathing space to come up with a survival strategy. A lot of management teams would love to manouver this company out of the dangerous waters we're now in but I doubt ours is up to the task.
Right now the fate of the company is in the hands of the debenture holders. If the majority agree to extend then we live to fight another day. If not then massive dilution and we still survive. However, selling EZ and keeping MWS gives the company countless options. There is the small matter of the 2.5 million fee that we'd have to pay to Gold One if we got a better offer but that's a minor problem.
Interesting times. The ball is in Gold One's court. Don't screw this up Deon.