Yes all that expected. KPMG gets $180,000 for the valuation and previously have received $100,000 advising Minara. Johnson the CEO holds over 3m options which have been satisfied in the offer and he's classified as "independent!"
They insult our intelligence by comments like " the nickel price is very volatile" and "unlikely to see $4.82 sp again" and however if they do Glencore may get this windfall. On and on again all sleazy justifications to support their greed.
I hope the buyer who may be blocking has plenty of money because if they do they can make life miserable for these so called "independent directors". Mea culpa for me again should expect to be rippred off by Australian directors . Have now become a day trader.
MRE Price at posting:
87.0¢ Sentiment: Hold Disclosure: Held
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