The way I look at it is there is either a takeover or ASIC steps in because I don't think there is a legal justification for declining a takeover offer without a shareholder vote and then proceeding to destroy SH capital with the 60c raise and regal deal.
I still believe what is currently happening is not in managements best interest either. David Keane has lost far more in capital from the SP crashing then he will earn through his salary so it makes no sense for him to try save his job and to let a 80cent T/O offer go. He either believes he can take the company far beyond 80c shareholder value or he is genuinely delusional but I find the latter hard to believe.
Ann: FY2023 Full Year Results Investor Webinar Notice, page-81
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Mkt cap ! $94.49M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
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|---|---|---|
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