no that's not right - they didn't offer anything, looks like the buyer doesn't want it. they were initially offered $15m for Youanmi but ended up getting $5m for it.
the only way out for AXM holders to make a quid is if BLK takes them over or a merger of equals and BLK management take over the reign...
with BLK's massive open cut resource next door, they'd make a motza out of this, at least that way the old holders would regain some losses.