SMN 0.00% 72.0¢ structural monitoring systems plc

Important update from Drake. "must read", page-2

  1. 18,452 Posts.
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    Oh dear …
    That story on the Icahn model was one you didn’t think was on topic enough Patong?
    But yesterday you quoted  Roberto - who is targeting a board position at SMN as saying he was very grateful to Carl Icahn for his mentorship,  even though mostly did not go after companies the way Carl had taught him …(except SMN was a special case {an ‘EGREGIOUS’ case }…. after it got its’ first FAA STC certificate !)

    OK yes Forbes did talk a bit about Icahn’s  close connections with Trump in the years Andrew Roberto worked for Carl but I think the relevant  sentence in that 2015 story  was this ;
    Activist shareholders like Icahn have made billions over the decades rallying investors to vote against incumbent management teams at annual shareholder meetings.….
    https://www.forbes.com/sites/antoin...ump-will-be-president-or-not/?sh=ecbcf1c52575

    That is just what Drake is angling for is it not ?

    And FWIW  to thoseundecided still about playing to Drake desires,  here is another story :

    It is on the famous consequences of an Icahn (that is Andrew Roberto’s beloved mentor)  aviation-related takeover:

    It will be interesting to see if  the increasing aggressive bullying does win Drake board representation?
    But why the hell does Faillace want it so much when he is on public record saying  he did not think it was worth 90c a share?


    https://www.news.com.au/finance/business/inside-the-dirty-world-of-hostile-takeovers/news-story/f6c57b6c371c35973aa5ee54b7a6731

    HOSTILE takeovers. It sounds so … well, hostile.
    When you think of hostile takeovers, you think of backroom deals, outside vultures screwing over loyal employees and billions of dollars on the line. And that’s all mostly true. While some hostile takeovers aren’t as scandalous as the movies make them out to be, others are exactly that….


    A:
    Carl Icahn is a famed corporate raider.

    TWA: .  “ Now, nothing of it remains except for the vestiges of a cautionary tale….”
    Last edited by sabine: 27/10/22
 
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