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198 Posts.
29
19/06/21
23:49
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Somers will win this battle if there is no legal case to be made against them.
There aren't enough engaged shareholders to shake up the board.
I don't expect that a higher bidder will emerge.
Somers have put a floor on the share price.
If the un-engaged shareholders remain un-engaged and don't sell, then I guess status quo will be maintained.
P.S. Someone needs to tell a story and make this a meme stock over at https://www.reddit.com/r/ASX_Bets/
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