That was a surprisingly pleasant read.
Seems they are finally acting in shareholder interests.
Quite happy for them to sit on the LLL shares until maturity if they don't get an offer that provides a significant premium to the current price. I can't think of a better place to lock away my money for the next 18 months anyway.
I'm actuallly thinking about buying some more LLL on market. Just need to find some cash
Also, might FFX also hold value to a potential acquirer in terms of its accumulated losses?
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- Ann: Managing Directors letter to shareholders
Ann: Managing Directors letter to shareholders, page-35
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