Vin-
I have not voted yet, will probably just wait until the last day.
I still have a strong feeling that small retail investors like us have no real part in the decision, it's a fait accompli. We flatter ourselves to think otherwise.
I certainly comprehend the line of reasoning that's saying if the proposals are voted down, then GTC would have to offer itself on the open market which would lead to spirited bidding. It's the "spirited bidding" part that is puzzling me: by who? At what numbers? ("The bid is 0.4, do I hear 0.5? 0.4 going once,going...")
At 0.11 PPS, 0.31 by LFB or anyone actually sounds good!
What a friggin' disappointing mess!