What is the % of shares required for compulsory acquisition?
KS holds 51% and top 40 hold 75.2% it's probably worthwhile throwing around scenarios where smaller holders get screwed.
Some sort of sweetheart deal with enough of the top 40 to acquire IOH at a discount to fair value?
Someone has been holding this share price down skilfully for some time now and whilst I don't subscribe to conspiracy theories it's possible this is being orchestrated by someone on the inside.
IOH Price at posting:
$1.56 Sentiment: Hold Disclosure: Held