Dropping share price and very strange silence for a straight forward Scheme!
Are senior Directors aligned with Ordinary Shareholders? The CEO is (mainly?) getting shares in the Privatised Vehicle - in contrast to ordinary shareholders who are getting cash.
What incentive does he have to fight for the best Cash Offer?
I've experienced situations where there was a potential misalignment between Directors and Shareholders - as there was some years ago between PaperlinX and PXUPA holders - and a group of us formed an Action Group.
I propose we set up PIGS (Pioneer Investor Group Supporters) and fight for our rights.
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Are Shareholders Being Screwed?
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.89M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.5¢ | 49.0¢ | $10.53K | 21.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 422 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 26518 | 1 |
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