Each to their own I suppose but as I see it, voting yes to 5% is a waste of time - it will virtually prvatise the company
A no vote however might - just might see a better offer forthcomming.
The way I look at it is -
Who needs this deal to go thru more - us or them Who stands to loose more if its liquidated - us or them
A yes vote may indeed see it relisted - dunno when tho. But it's one thing to relist - that of itslef does not ceate a market - and who's gunna be interested in buying
Ask yourself - would you buy shares in a company where 95% of the stock is owned by just two entities - I wouldn't. We would need people willing to buy to form a market before a loss can be crystalised - and at what price - .000001c
Each has to decide for themselves and be prepared for what comes but I reckon its at least worth one no vote to try to get a better offer
(We hope to have some guidance out soon but you need also to remember we need to be careful what or how we say some things - we will ensure we have one trusted person at the meeting)
CMR Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
