scenarios

Could it be that the new directors have used promises of future potential of ATC to get elected knowing full well that ATC is as dead as a dodo. They will do a review and then announce that doing a deal with CZD is the way to go. In effect ATC shareholders may have been played yet again.

I think CZD are playing their cards knowing they could do a deal with whoever is running the company, Hence they saw no point in voting especially when market confidence had left Drona and co. they have 16% and growing, they will have the last say.

I would be very weary of holding if you believe ATC will be the company maker. However there is always the chance that a CZD ATC merger could amount to something.