well so long as JH is not back (or his puppets), an immediate board change will be a good thing.
So far the current board has only been able to predict a tumbling share price when Macquarie's takeover is rejected by shareholders. For them to be taken seriously they need to articulate what plan they now have to ensure that doesn't happen, however suspect that Scheme Deed they foolishly signed precludes them from doing that.
Waiting for the AGM just gives Macquarie more time to approach them again from a new angle, and they've already proven they are willing sellers...
ps. if you want more than 20 cents and don't like the takeover, vote AGAINST!
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- Sydney Shareholder Information Session 12 May 2017
Sydney Shareholder Information Session 12 May 2017, page-4
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Open | High | Low | Value | Volume |
5.3¢ | 5.5¢ | 5.3¢ | $7.099K | 132.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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---|---|---|
5.5¢ | 443216 | 3 |
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2 | 132876 | 0.053 |
1 | 472949 | 0.052 |
3 | 440251 | 0.051 |
6 | 442000 | 0.050 |
1 | 125000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 443216 | 3 |
0.056 | 100000 | 1 |
0.057 | 345456 | 2 |
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