Joined both presentations. The Deal is underwhelming at this stage it is a NO from me.
STX and TPD Mgt/board both have a massive amount to gain from this deal. They need to earn their keep and turn it into something reasonable.
For me that would look like:
- STX share price 48c or higher - (Walyering / SE success etc)
- Trade sale of Gurvantes Or Compelling Spin co. Value 5c+
Get busy boys. There is no room for pathetic excuses come December.
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