HLF 0.00% 0.7¢ halo food co. limited

Ann: Halo Appoints Modus Partners to Conduct Strategic Review, page-16

  1. 627 Posts.
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    "Once again Halo/HLF Execs & BOD's, have the decency to face. All the investors, at an open shareholders meeting. With notice provided, for interstate or international investors to travel for it." ??? Really?

    The statement says clearly:""...subject to shareholder approval to the extent required by the ASX Listing Rules." I don't view that as decency as it is required by ASX listing rules. But then again, you are right, it is decent to simply follow regulations.

    Since we are talking about "decency": The statement was headed with the words "Strategic review". In reality, it looks like a call for offers ("interested parties should contact Rob Antulov ...") for the sale of all and sundry. The cynic in me says, next time I sell some stuff on FB, I will call it a 'strategic review'.

    The intended sale of a property in NZ comes to mind in this context; ... it was just 'testing the market'.
 
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