It is certainly an interesting twist right before the AGM. A...

It is certainly an interesting twist right before the AGM.
A possibly successful last ditch effort to stave off a second strike maybe.
It will be interesting to see who the sophisticated investors are and how much they eventually paid for their shares.
We may or may not find out depending on how the shares were spread out. They may come under the mandatory reporting levels of substantial holdings.
I am assuming that they are non hostile to current management.

Interesting times all the same.

For what it is worth I was comfortable with the Leadenhall people and my perceived impression that they wanted to shake things up and get their man on the board because they see an opportunity to make some serious money. Equally I am comfortable with this latest move because it shows TS is fighting hard to keep control and the only way he can stave off any future dramas is to get back on track and get the share price moving in an upwards direction.

Not a soap opera fan myself but the moves made in the past 12 months or so are worthy of a mini series on channel 7.

Hopefully it has a happy ending for us minnows.