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I'd be keen to see the $20m deployed to acquiring 2/3 of the CXP...

  1. Lazarus65
    2,114 Posts.
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    22/10/20
    15:02
    Post #: 48306890
    I'd be keen to see the $20m deployed to acquiring 2/3 of the CXP stake in TSI, taking us to 75%. Either have CXP has a minority partner or even buy out the remaining 25% with scrip (or cornerstone fund investor). Key point though would be elimination of Jeff and the appointment of Mohnish as CEO. Gaz to be transition chairman with a view to building a proper board and then exiting stage right.

    Let's see the EGM notice, but I am heavily disinclined to support a limited and directionless plan such as that mooted in today's announcement.

    All IMO and GLTA.
    VOR Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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