mergers & aquisitions, page-7

Hi Groins 50% plus 1 share gives them control of the company - they can sack the board and install their own board members - they can suspend the dividends and go on an expansion mission - buy a corporate jet do marketing deals with arms length companies etc - once they have control of the company they can get 100% of the product ( if they dont already ) we havent seen the fine print of the the last $3.45 palcement come to think of it we havent seen the $17m Cash yet either.

They have to get to 90% shareholding to compulsorily acquire the final 10% - they may be happy with 51% - the rest of the punters could get starved out no dividends and no further S/P appreciation.

Been done before in plenty of other comapnies.

hOOt