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15/10/22
20:16
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Originally posted by Digger26:
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Has anyone been through the Independent Expert Report? I noticed that despite pages and pages of justification in the calculation of the value of the operations, the Expert then reduces the upper value of the range down by almost 5% because they thought it too optimistic. Put that almost 5% back onto the $5.35 and you get $5.60. Now how happy are you with the offer. Also consider that 2022 was a bumper year, which should have given us a final dividend of around 9 cents, which is rightfully ours, and their offer of $5.23 reduces to $5.14. Now are you happy with the offer? I have voted no but I need to nominate a proxy. I do not want to have the chairman do it!
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I went through it in a post somewhere here, it looks to me like the 'independent' valuers did a shit job compared to Huon's independent valuation. I honestly believe it was made to fit, it wasnt independent at all.