The document spells it out. No disagreement in the root cause, and some stuff ups (usual in small companies).
What i think needs to be made clear is that TRY have been very remiss not to keep investors more informed. Will they make an undertaking to communicate their strategy more regularly?
This 349 looks to be an attempt to gain control without paying a premium. Shareholders need therefore to be careful of what they wish for.
Why would you trust an offshore crowd (Singapore/Indian) to run this any better?
The proposed new board members don't appear anything special.
Frankly, there is little advantage in voting for the change IMO.
If TRY has the support from its bankers, then this General Meeting should crystalise some urgency.
LIR.
TRY Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
