It is a sad day and a reflection of the current corporate system, investors get shafted and their money is gone, less in the super funds of some, more in the Swiss bank accounts of others. Evo world have no assets except a bit of cash and are borrowing all the money to buy the shares. They say they will maintain the registration and do a strategic review ha ha. Instead of Ken spending the the time he had looking for a good deal for Neon, (I suggested some months back, in an email, to him, no reply, he approach Tap oil), he went after Meo, totally inappropriate and more money was lost. Now he has sided with Evo World and in the offer document, guess what "Mr Ken Charsinsky resigns as a director of Neon (but the parties acknowledge that Mr Charsinsky’s executive role will continue in accordance with his employment contract)." Nice one Ken. Karma is going to need to take care of this one, what goes around comes around. into the freezer, husbands and wives.
NEN Price at posting:
3.4¢ Sentiment: None Disclosure: Held