You could tell the company thought it was a bad announcement for the board, released late Friday.
So I am expected to give DVP a 40% discount on our shares by swapping to highly volatile, over inflated DVP, for BEAMENT aura (i am not not into auras) and the promise of what exactly? The ratio of the sum-of-parts for the 2 companies, best estimate, is much worse post my swap.
I am really not in favour of signing up to a spruik, without any evidence that the future will indeed be better under DVP, this is just ridiculous that it can be considered reasonable. Did they just make up that last bit? Why? Give me some facts... not a vague unsupported couple of sentences. The facts in their presenation clarly point to the unfair nature, the deep discount definitely make it unreasonable.
Why?
I don't think so... not of me.
They even state it as a risk,..
Seems I have to reject again.... at the present offer.
I would not believe any increase in DVP share price during this period (til October) would make me change my mind, as I wouldnt be sure of reason. Only a significant increase in DVP:ESS ratio. 1:5.
