Go through the history of events leading to this point & many HC posts- I know the market is not perfect but it must appear to be open/fair... this IMO does not past the "pub test" and as I stated 22/12/2017
" IMO - If a low ball TO was to appear I believe a few questions would need to be answered and would suggest a review/investigation of trade history/transactions/etc going back 12 months would also be healthy for transparency/integrity for this end of the market..."
I believe ASIC will eventually investigate - outcome maybe interesting & depending on the outcome possibly far reaching
Finally I though Mgt were meant to be transparent & represent all Shareholders not just some - it appears at this point < 50% were consulted/agree or treated as owners ( sorry forgot besides themselves)
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