Ann: Board Changes, page-222

Hi @1001reuben,

Welcome to HC, I think you raise some very pertinent points, I have twice said on here recently, we may attract a low ball offer, for obvious reasons. From whom, who knows. Amylyx are facing the possibility of a class action at the moment, who knows how that would effect them in considering making an offer, too much on their hands or a ticket out of jail. Personally I don't care who makes an offer, it is the amount that's important. Due to the threat/chance of a TA or BO, I would be surprised if Merchant are selling, but that's just a guess.

My point is, I would be surprised if someone is not at lest thinking about it.

What would be a low ball offer ? A billion US ? Half that ? Will an offer from what is still a small company like Amylxy [ By international standards] encourage a bigger player come in ?

I'm a top 50 holder, so even the smaller example would put a million $A in my bank and there are 40 something bigger holders, some much much bigger. Having said that I would recommend the board reject any such offer and seek more. Ultimately I think PAA could be worth a lot more.

So I think holders should listen to what you are saying and hold tight, possibly even pick up more if they can.

Like you and many others I'm looking forward to BOD telling us where we are, and what is their strategy.

Cheers