As I said above the most that can be achieved is delaying the inevitable. Minority shareholders can apply for a court order but the court will need to be satisfied that the consideration is not fair value to shareholders. Given DCNs balance sheet and operational predicament, convincing the court will be a hard task.
At the end of the day logic will prevail. It always does. The way I see it, It is easier for the DCN assets to turn out the Fat profits under Hoover House rather than drive around in circles shaking the can and tapping S/H's pockets selling the never-ending story of cashflows. The court will see any action for what it is and make a decision accordingly.
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As I said above the most that can be achieved is delaying the...
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