re: Ann: Chairman's Letter re Scheme of A...
Hey Jump ,
The thought of putting in a protest vote just to stick it too them is very tempting . Of course , one needs to be careful that it doesn't blow up in one's face.
E.g. If the SOA was voted down and we have no other interested parties , what happens to the share price ? Considering that most of us have taken our posters of DC of our bedroom walls , how's the confidence in management going to go ?
In addition , we might discover that Tintsfield is going to take 3 years to dewater ( hypothetically ) or BOF decides to take another six months to review our licence for PEL 238.
Would you then be better to take the offer and move on ?
Make no mistake , I am not in favour of the offer , nor am I rejecting it just yet. I simply don't have enough information for a decision and ESG management is not helping.
Or are they ?
ESG Price at posting:
77.0¢ Sentiment: Hold Disclosure: Held
