Ann: NME - Change in substantial holding for NME, page-31

Everything I stated was substantiated. Below is the letter from Nex re being stymied from raising cash by MCT.
I won't repeat everything except to say that playing hardball often does not work in a hostile TO attempt.
It hardens the opposition.
What works?
Be fair even when the target co is nasty, keep lines of comms open, re consider the offer to sweeten it.
Work towards NME accepting an offer.
These are the ingredients of success in a hostile TO.
20% to go to spill the Nex Board and have a GM with a vote for new directors... very messy and time consuming.
It won't be easy