Whilst "the Board remains committed to voting for' .... the 'credible long-term funding package to underpin continued growth plans' it is emerging, in my view, that many shareholders are not so committed
... the questions in annexe A highlight desperation of closing a hastily assembled deal at any cost to existing shareholders... hard to believe it took 48 mins before directors reaffirmed their commitment to the Peters proposal...
... who cares about growth if you have to sell the company to new shareholders every 18 months because you have lost and wasted so much money! ... who is buying the growth at any cost story ... it does not benefit agents or shareholders only management ...
... the operating model and brand had so much potential... a little financial discipline was required...
...where is a private equity firm when you need one... I would rather roll the dice on Magnolia or even a Macquare receiver than take this deal ...
Whilst "the Board remains committed to voting for' .... the...
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