If I were to state ;
''An options holder is not a share holder'',,,
that too would be as ambiguous and posses similar lack of clarity as a number of recent announcements imho.
After all,, an options holder by virtue of his or her stake holding may only vote using their fpo holdings or proxied fpo holdings.
Options are simply an option to buy a fully paid ordinary share at some stage prior to expiry are they not ?
But not my point.
My point is,,, the board would appear to now be changing their minds overtly,,,
Bad enough when it's behind board room doors, but we now see overt indecisiveness . This is not professional imho.
How will the CSI perceive what some very large share holders would now be allegedly be perceiving ?
I say again,, 'all' shareholders abide by the 50.00001% majority ruling when it comes to the crunch.
Minority govts minority boards get elected against the mandate and never last very long ( is the western world at least ) ,,, We ARE dealing with SOUTH Korea ,, are we not ?
please dyor
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