I couldn't agree more. As a shareholder I would be amenable to an offer of $25/share, nothing less. AGL still has quite good diluted EPS (131.3 cps).
What is Mike Cannon-Brooks game? One would think it is to destroy AGL by breaking it up and selling the parts. His nominated director, Kerry Schott, for example, has a history in attempted private equity takeovers. She was the chair of Pacific Consortium that failed in their bid to takeover Tatts in 2017.
Cannon-Brooks certainly doesn't appear to be behaving in the interests of AGL shareholders and other AGL stakeholders, including all employees. I have already voted for directors as suggested by the current board.
AGL Price at posting:
$6.90 Sentiment: Hold Disclosure: Held
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