AN1 0.00% 0.8¢ anagenics limited

Ann: Agreement Signed for Sale of Lyramid Limited, page-195

  1. 1,286 Posts.
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    I still can't see anything of an illegal nature.

    They went to market.

    They even went to shareholders who discussed the deal but didn't come through with the cash I guess, but there are records of it for future reference!

    No one has come out screaming blue murder that their $20M offer was knocked back.

    They keep reiterating that they were not required to put the sale to a vote, but they did.

    Can anyone share their thoughts on why the transaction was carried out this way?
 
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