I think that concentration of ownership would make it harder but after the events unfolded I would suspect they could have made an on market offer and dealt with the family later. They just needed 51% to support them and by putting in an offer just bought on market. I think plenty were only too happy to sell or at the very least vote in new management. - Personal view obviously. So I think overall I support your view.
I think the valuation needs to improve via the share price or I suspect another company will lob an offer. I am tired of seeing my good investment disappear over time. That leaves me with a smaller pool and a lot of revenue growth based valuations that I wont invest in...
Thank you for your input .
TGR Price at posting:
$3.66 Sentiment: None Disclosure: Held