"Pluton will engage an independent expert to
produce a report for non-associated shareholders as to the fairness and reasonableness of the sale and
joint venture proposal.. This report will be included as an attachment to the AGM notice of meeting."
Lets hope this independent report defines fairness and reasonableness in a way where 'fair but not reasonable' if applicable, might be called something else a little more closer to reality....
And the renewed negotiations and deals? What will the independent experts come up with this time?
Same crew onboard now? With Ms Wang the common denominator and a new name just to confuse things more.
Will it be the same independent report crew or a new one? Will they value the assets on the same criteria as before?
The deal then? We will see if Ms Wang gets her way. Funny how she keeps popping up....when all seemed that she was gone....
On the one hand it could be seen as PLV doing its utmost to stay in the game and get the best partner..as they come and go..as you would expect.
On the other it could appear to some that negotiations and communications are all over the place and all concerned are totally and utterly confused..with it changing monthly!
I'm happy PLV are suspended. And frankly until they can come up with something tangible, valuable and credible that people can understand and count on, i'm happy for them to wait till 2013 to re-list!
No doubt theres a lot going on behind the scenes. And no doubt one would expect PLV to be angling for the best deal for shareholders.
Deal or no deal?
More like - The Price Is Right!
Takeover in the wings?
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