Anyone that was here during the Simec offer knows it would have been a disaster for shareholders if that deal had gone through, from memory I think the maximum price we would have received was about 15c a share! At the time we may have been trading lower but there was nothing good in that deal for long term shareholders. I'm also sick of how long any decent offer is taking but blocking the Simec deal was one of the best things he done!
Participating in yet another share offer is not something I really want to do and it's a shame it's taken so much time that the money has run out yet again. As he holds around 20% of the company, will Dr.Giles be putting in $800k?
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