It looks like this was a fait accompli; I wonder why they bothered with the phone around. I don't see any take over offer coming soon, that would make the NHC statements prior to today rather disingenuous. But business is business. My guess is we will see a bit of churn for a while in the share price while the new board settles in. Nothing has changed fundamentally, it will be interesting to see if the new board has a plan other than being in the right place when the share price catches up with reality.
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