shak - you are right it is in this dispute a red herring - however i posted in elongated prose unlike JT's this morning.Good stewardship identifies potential conflicts/ problems etc and addresses them before they get to this stage..... so now we are all wiser after the event - the issues of employers should have been a massive issue for KAR after the last AGM and getting nailed at the AGM ; identify and know that this corporate governance / nepotism perceived or otherwise would be a possible issue for the 2014 and agitation?
Of course they didn't know this would be accompanied by nefarious trading for other reasons - but i reckon many times we have all read KAR was a TO target - so if your getting that sort of info fed to you - line your ducks up -
SP is one way to target you and there are others NEPOTISM a hatred between a minority stakeholder and the Chairman that wasn't always the case - "Know they Enemy - Art of War - others say these are 'red herring's - not to a large majority, red posts here and not to an independent like ISS
Last nights Announcement is a case in point - why the bringing forward of the position last night? It isn't desperation but an Act again of the tail , and in the case of Pegasus we perceive it to be very small is wagging the dog - they have got ISS on their side - we need to act ...after the horse has bolted ( sorry mighty trying to keep it to 23 idioms per post)
And if i may indulge - the bigger the size of the price the greater the games and we should not have expected this to not get dirty and every tactic being used - WE SHOULD HAVE EXPECTED THIS. Remember the monkey's in the jungle don't fight fair
Anyway JT's post says all the same in 3 lines so read it - simpler
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