Ann: MIN: Redstone's proposal to acquire Atlas Iron, page-18

Hi @Bones322 , as per my Post #:33780333, I disagree that a script in another company is better - IMO a cash offer is better or otherwise a controlling share by say Twiggy and Gina enough to replace the existing DUD BOD, but still operating as ATLAS will almost ensure multiple fold increase in SP quite likely soon and once they replace the BOD with one that better serves them and by definition the rest of SHs.

So here is my idea ... for as long as there is a decent bidder who is not likely to fold, I keep my shares till after the T/O. Given a compulsory T/O is unlikely (technically impossible) if either of the big players (Twiggy say in this example) still have a blocking power. That will mean I am guaranteed better price for my shares after T/O.

So at this stage I am no longer concerned if people like to be losers and sell their shares - the equation has changed - The No-voters by virtue of their new (blocking) power backed by either party, will call the shots.