Ann: Revised Proposal from Albemarle, page-684

JoolSmuggla writes
“I really am very calm regarding this. I have faith in our BOD - they won't allow this to rest at $3.”

I sincerely hope you are correct....
However deja vue I am small retail shareholder, who previously held Nearmap & Acconnex.
We were told by bod that they had great future prospects, I thought so too and saw them as a good longterm investment.
Then some overseas vultures come along, touting ‘shiny pieces of silver’, mgt / bod suddenly seemed to be attracted to be the glitter and lost their enthusiasm for runnng the company, and next thing we had a ‘recommendation from bod that we should accept offer from the SOA proponent’.
Of course the ‘experts report’ was in glowingly in favour ....
Shareholders considered we were ‘sold out’ cheaply by the bod and the perception was the bid and mgt execs did very nicely and probably ended up with cushy jobs with new owners.
Small shareholders left feeling dudded/screwed by bod (who held significant %age of company) and with a very SOUR taste and a mental note that names of the directors would be ‘remembered forever’ on their ‘black list’.