So posters here were vindicated in their view of the raising by...

So posters here were vindicated in their view of the raising by the takeovers panel. Are they toothless to do anything about it?
I still think the raising was a positive and Halom's rationale a bit disingenuous. The company is not necessarily negative cashflow now, it has slashed over the last 2 years.
I think black crane has raised enough to scrape through and MRM will now recover but with the sale of the crown jewels and massive dilution it will only ever be a shadow of its former self.