Let the fun begin. Either Nero will be looking at forming an alliance with some institutional investors, or they may decide to take their capital and look for an investment where they can influence the board. I think the former is more likely. I can only guess Nero wants to monetarise CVN's holdings in the short term, rather than seeing them through to production, great for recent investors, but horrible for long term holders I would think. AGM will be interesting. I think Debra Bakker must be getting a complex!
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- Ann: Board recommends vote AGAINST election of Mr Jendry at AGM
Ann: Board recommends vote AGAINST election of Mr Jendry at AGM, page-29
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