Did the Bob Moses group say somewhere that they would return around half of the capital in the company to shareholders?
Have they got much hope of getting elected?
For the Avexa merger (if it goes ahead), each shareholder of Progen will receive at minimum, 33c per share capital return. That figure could increase significantly depending on how many shareholders participate in the buyback.
If the current board are not voted out at the egm, and the Avexa merger falls through, how long are we likely to have to wait for a vote on whether to return the full amount of around $1.10 to shareholders?
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