to add a few more thoughts, please review this thread. in it i explain:
1) the context of the cooked valuation report, from the last takeover bid, and how it included $104mm in made-up debt that directly reduced equity value:
2) how the NEDs, Wachtel and Chua, were essentially paid off for their 'exertion' in signing off the takeover deal. Wachtel in particular got $160k - double his annual salary - to roll over;
3) how RG has been buying in the open market, since promulgating this delisting notice a week ago - that is, directly monetizing and profiting from coercing minorities to sell into a delisting.
https://x.com/puppyeh1/status/1919537501695574021
