I wouldn't be at all surprised,Lowkey. Everything's been going to plan so far.Except for that first strike.
Now, the only thing that I can think of, to put a spoke in their wheel, is for another company or group making a t/o bid,say at 1.0cps plus shares in a new entity.The aim of the bidder would be first and foremost, generating value for shareholders. I reckon if a number of current shareholders were to get together and draw up a workable plan to achieve this,they could get a merchant bank or some other source[crowd funding anyone?] to come in behind to support the bid.
To justify rejecting such a bid the current Board would have to come up with a counter plan giving shareholders good reasons not to accept the bid.
If subsequently, the company went belly up, we shareholders would be in a position to sue the Board for not accepting the bid.
Can anyone come up with another scenario to put this Board under the whip?
db
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