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Ann: Recommended Takeover Offer for LNGL, page-94

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jwhiteman

2,366 Posts.

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29/02/20

12:58

Post #: 43232749
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Originally posted by Foxdog: ↑

GV and members of management are all walking away from this a great deal wealthier than when they started, having achieved absolutely nothing other than a very negative result.

For them to so freely recommend a takeover at a ridiculous price that will realise huge shareholder losses shows blatant disregard for the very people who have supported their extravagant salaries.

All this without consultation or shareholder engagement of any sort. Where was Micah when all this was going on......silent, as usual.....

GV may have inherited the story from a Disallowed salesman but he is solely responsible for propagating the myth with smoke and mirrors over the duration of his tenure.

I'm not expecting management to make an acknowledgement of their own failure either, although I think one is warranted.

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No, I can't agree with you there. They are legally obligated to recommend the offer if that is the best that can be achieved.

LNG Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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Ann: Recommended Takeover Offer for LNGL, page-94

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