Champ
You can choose to not sell your shares to the Chinese if you want sure, but you have to carry in the back of your head for the remainder of the financial year the risk that should Modder not reach 120K ounces then Baiyin will pick up an additional 492m Adjustment Subscription shares at no consideration. Let me repeat that NO CONSIDERATION.
This is the largest stick I have ever seen used to whack retail investors into considering a change of control deal.
I have to disagree on the aspect of your post about Management being weak. Unfortumately I don't feel it is weakness or imcompetence but something a little more sinister. Perhaps a basic human trait like greed has something to do with it. Whatever it is it's an absolute disgrace.
Mav
Thanks for your kind words. Apologies if I have posted agressively in the past. I value you comment and input as well.
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