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Hey dolce, what do you think about ERW now?

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Xtremel

216 Posts.

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21/02/24

13:12

Post #: 72514958
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Originally posted by dolcevita: ↑

If we can show that the Independent assessor's rationale or range of considerations is wrong
or if we can show the sale is not in the best interests of the investors (this is difficult but if the relevant time is the time of the offer, not the investors now who would benefit themselves from the sale as they will sell off take)
THEN the path may be forward.

Right now it's too intimidating for externals. They don't want to be caught up in their offers being rejected and having to test the efficacy of the second stage (failure of the scheme of arrangement) in court.

We have to do this or have it tested in the court of public opinion and have intervention by the Federal government.

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Hey dolce, what do you think about ERW now?

AZS Price at posting: $3.62 Sentiment: Hold Disclosure: Held
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