Dinero ,
Igas is Andrew Austin's baby . He is a founder operator with massive skin in the game .
Many Dart directors do not have that much skin in the game .
By merging with Igas we would acquire a board with interests which are more aligned with shareholders .
Issuing shares , especially to sophi's or discount brokers is not to be taken lightly .
Those shares will be sold on and the company has no control who will get them . Companies can very quickly ruin their register like that and leave themselves open to low ball offers from predators .
This not only makes a difference to Igas but should make a difference to anyone who is planning on holding Dart-Igas long term .
I think this has to be a 100% scrip offer . All money has to be ploughed into the ground .
Dinero , what percentage of the final entity do you think Dart shareholders should get in a scrip only offer with no cash adjustment ?
Dinero ,Igas is Andrew Austin's baby . He is a founder operator...
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