Independent Directors and Independent experts seem to have mud on their faces!!
talk about appearing to have no idea -the independent valuation is such a big range, and also for the Directors to endorse LDC, when Olams was higher in the first place!! Then the major shareholders tell the Independent Directors to talk a walk!
Sure the ACCC is an issue , and I think Olam is trying to be too cute by saying they will sell just one gin -NOT ENOUGH!
ACCC is too bloody slow as well, could run into the Christmas period the way they are going!! That is another reason that Olam should say they will sell more than the one gin.....I am sure the ACCC is worried about more than one location -someone who is more involved in the cotton industry may like to comment?
Independent Directors and Independent experts seem to have mud...
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