I'm with you tex... using a prolonged tech update to keep us off the market.new constitution would make it hard for partial sale, would now need shareholders to approve.
new theory: they received a partial offer but threw the hand brake on so no more trading.
They added the proportional terms in the constitution now to make the suitor revise their offer to buy the whole thing .
board would say "shareholders will vote to block any partial sale" and make the buyer put in an offer for the whole lot.
as i said on the other thread - the 4DS board is clearly very smart and either playing a strong offensive chess game or already making defensive moves to shore up the sale price and sell the whole thing.
They're saying "we made tech that works, for the right price it is *all* yours"
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- Ann: Letter to Shareholders & Notice of Annual General Meeting
Ann: Letter to Shareholders & Notice of Annual General Meeting, page-55
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