Yes. The easiest solution to that would be a majority of directors not in Somboon's corner to vote down low ball takeovers. The board should be 2 Somboon, 1 ASM and 2 independent including the Chairman. Although based on what has transpired I would be skeptical this will happen, or at the least the actual independence of the new directors. I don't think any institutional investors can touch this stock given the question marks around governance. If the old board got over the line things would be different.
Ann: CEO Search Update, page-12
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.82M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 450000 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 45000 | 1 |
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