Dart has cancelled its planned listing on the AIM Market of the London Stock Exchange (“AIM”). However, upon implementation, the transaction will provide Dart shareholders with IGas consideration shares that will be admitted to trading on AIM.
So much for the anticipated boost from the AIM listing.
New Hope scavengers have torpedoed that for the other 84% of shareholders (or 69.5%) if you count Green Park as well.
So Rob Neale - New Hope's mole/puppet has done absolutely nothing for the other shareholders in the 6 months he's been sitting in the big chair. The board takeover was all about share price performance and the share price is still where it was before New Hope started throwing their weight around.
New Hope/the new board have never made any indications they would work in the interests of the other shareholders so they haven't broken any promises in that regard.
It's so nice that they have come up with a cosy deal with Igas and accepted it and recommend everyone else join in and capitulate and get peanuts for the company.
Dart was trading at 15.5c before New Hope bullied their way into control, before GDF Suez signed their company-making deal and before Total came along with another great deal but these swindlers suggest that 19c now for the company is a generous offer. So good that it should be accepted right away, no need to even ask the suitors to sharpen their pencil and offer a bit more.
No thanks Rob Neale. You were a shyster when you underhandedly caused the board to resign on the day of the AGM. You were a conman to get control of the board with hardly any votes (except for Green Park) and now you want to steal the company from the shareholders.
NO NO NO
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