I assume the HLX team has consulted legal experts to explore measures to block the takeover without violating the law and to prevent a management coup. These steps may be aimed not only at protecting the company but also at safeguarding their own positions. An ideal situation would be if the current share trading were led by another credible player in the mining sector working towards securing a significant stake in HLX, which would likely cause the share price to soar. Furthermore, if the company were to announce a major discovery, it would not only make the current takeover offer far less appealing but also help protect the current team. As a long-term shareholder, it's sometimes good to dream and hope for a positive outcome.
HLX Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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