The complete inversion of logic on this thread is mind boggling. It seems that the posters never studied common sense 101.
Novomatic has clearly said that they are not going to go for in a full takeover if they get their hands on Len's 53% (It's there in black and white - reading announcements properly before discussing them on HC ought to be obvious).
If Novomatic explicitly say that they are not going to launch a takeover (which they have done) and then they go ahead and launch a bid after buying Len's shares, then Len Ainsworth could rightly sue them, especially if the bid was for more than $2.75ps.
If Novomatic holds a blocking stake in the company (53% is a blocking stake), then no one else is going to BE ABLE to launch a takeover.
That means that if you vote yes then there is guaranteed to be no takeover.
That means that if you want a full takeover, then you NEED to vote NO.
Not so difficult was it?
Last edited by shumsta:
Clarifying 3rd para25/02/16
AGI Price at posting:
$2.28 Sentiment: Hold Disclosure: Held
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