'..another 'black mark' against Management..'
Coincidentally, the following article appeared in today's AFR: Global activists set to hunt Australian targets
https://www.copyright link/business...et-to-hunt-australian-targets-20180831-h14sol
"In some situations they are being encouraged to target underperforming companies by some long-only funds frustrated with management teams who have been slow to address problems" - JPMorgan Australia chief Paul Uren
After its 28/8/13 EGM, could HAV be leaving itself exposed to another round?
Back then, dissident Warwick Grigor (then with Canaccord) unforgettably 'claimed Havilah could be worth more than $1 billion based on its South Australian gold, copper-gold and iron projects'.
Arguably that comment still holds today, ~ 5 years to the day since the EGM.
"The logical conclusion, the inevitable conclusion as far as we are concerned is that for us standing still is just not an option…” - Dr Giles' CTTW video presentation, 26/6/18
Time to walk the talk.
DYOR
Ann: Quarterly Activities Report - Period Ending 31 July 2018, page-11
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