Sorry, trouble quoting a post of Tex pre announcement.
Quote: "Why would Wilbert (they all know who he is) suspend trading for weeks on end? Well it's not because he wants to the world to see how badly he's failed. If the outcome were a failure, it would have been a fast throat-punch, dismemberment and a trip to the incinerator. Quickly and quietly. To suspend trading for weeks to let the market down is an act of corporate/career suicide"
..... well they were right about a throat punch.Hows the reputation now ?
Imagine what would have happened if they couldn't convince imec to carry on after three weeks of negotiated grovelling and huge extra fee. Perhaps we had such a poor announcement because the negotiations took so long and just finished, the asx patience wore thin and they had to rush an announcement out pronto.
Holders were right thinking that negotiations were taking place during the suspension. Too bad they seemed to be negotiating their fingernail imec hold from being taken on by a team of uni students
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