IMHO there is no chance if a 75% yes, but there is a reasonable chance there will be a 50.01% yes, which is the worst possible outcome.
I want a 50.01%+ NO to get up to force the debt holders to raise their take over offer to a fair and reasonable amount.
We are not asking for a lot just a reasonable amount to reflect the value of AEJ to the debt holders.
REMEMBER they will IMHO break the company up and sell the bits, or trade it for a year or so and flog it back onto the market aka DJ's and make in my guess somewhere between 500 and a billion, and what are we asking for, 150odd million.
Sounds like a simple equation to me and everyone wins!
Add to My Watchlist
What is My Watchlist?