i will be voting NO also and hope that many others do the same also.
The purchaser should have been told to go back and sharpen their pencil. I don't understand how the independent expert is going to explain this is a good deal? Why has this been submitted before half year results. It has been rushed and how on earth are retail protext d when only major shareholders has been possibly approached re the scheme.
We need to understand also who had been selling the stock down in the last couple of months, who was the shorter that magically exited position with pinpoint timing as Dabble had alerted to. The shorting smells bad!!!!
Why the board had cancelled the share buy back which would have stabilised the share price during the potential sales proces to extract a better valuation and premium.
The deal stinks on all levels.
MYX Price at posting:
$7.21 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)