No no no no no no no. The alternative is a no vote to the benefit of shareholders.
Make no mistake this board is very good, they will extract benefits wherever they can....including from us.Many here have convinced themselves that this is our only option and we better take it. Add in some cleverly manufactured time pressure and this reinforces the belief that there is no other way forward.
We are going to agree to an ambit claim here unless people think things through.
Anyone who votes for this is falling for age old sales tricks and basic psychological chicanery by the board. People here are falling over themselves to accept this low ball first offer and this is exactly what it is, just like selling a car or a house - put a stupid way high price on it & if there is some fool rushing to buy at that first price then the sellers (board) are laughing.
The board is trying on an ambit claim & why wouldn't they? The belief that if we don't take what is fist offered there is no other alternative.
Shareholders have all the time in the world, the board do not
The alternative is not oblivion as many on this forum have pointed out.
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