Yes. The easiest solution to that would be a majority of directors not in Somboon's corner to vote down low ball takeovers. The board should be 2 Somboon, 1 ASM and 2 independent including the Chairman. Although based on what has transpired I would be skeptical this will happen, or at the least the actual independence of the new directors. I don't think any institutional investors can touch this stock given the question marks around governance. If the old board got over the line things would be different.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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4 | 128266 | 0.033 |
4 | 223134 | 0.032 |
2 | 57290 | 0.031 |
4 | 913353 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 3974 | 1 |
0.037 | 70000 | 1 |
0.039 | 477212 | 4 |
0.040 | 386936 | 1 |
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