I cant believe the board would dare to suggest this deal is good for shareholders. The big winners are the board by cashing in their millions of FREE shares and Allegro.
its a pity Shine never came to the table with a deal as our board appears determined to sell the mighty Slaters to the lowest bidder and wipe out shareholders for a second time in 7 years. The same shareholders who stumped up almost 1 billion dollars since 2015, that Slaters managed to lose and then some. Nothing short of AMAZING!
I can't imagine Allegro being anywhere near as generous with there money as Slaters shareholders have been.
Hopefully enough of the top 20 who control 95% of the equity feel the same and vote NO.
SGH Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held
