I am trying to figure this out at the moment. Maybe someone can correct me if I am wrong but from what I understand shareholders will get paid after the debt and lawyer fees get paid. Hoping for a large bid that would surpass debt and any other fees so the PPS can go up.
If the Wanxchianx company is awarded, I believe the stock will surge due to share holder confidence of the new management direction. No matter what the bid came in at.
I am betting there is a significant buyer out of the 20 confidential buyers and we are hopefully compensated high.
Not sure why people think this will sell under $500M after Wanx already said they would buy AONE for $465M they want it bad so why under bid yourself.