Leading to the wall mate.
The Board will try to convince the 5% not to resubmit and Cottee is their enemy so try to cut a deal with him. Yet this has nothing to do with the best interests of the shareholders does it?
Its a mess now. Positioning going on.
The big question is will Mac throw its hands in the air and pull out of bid? Share price collapses and Mac calls in loan and ctp goes into immediate liquidation.
Again, whose side is Cottee on? His of course!
Who besides myself will be the big winner? Mac of course as they gobbled up CTP assets in return for loan not paid back.
CTP Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held
