AVR 0.22% $18.35 anteris technologies ltd

Wouldnt be surprised if it is with a cornerstone taking a...

  1. 11,999 Posts.
    lightbulb Created with Sketch. 151
    Wouldnt be surprised if it is with a cornerstone taking a controlling interest.
    Dirt cheap. But would require a vote I believe

    Seen it once before where company hit the skids, Got their first strike.
    Cornerstone came in at a premium to current price took 51%, everyone was glad and voted for it.
    Board protected regardless of second strike.

    The good thing was new owners turfed the old board after 12 months anyway.

    Hope it doesn't happen here. A premium to the current price still represents theft from the current owners.

    But ultimately AHZ is broke. It is no longer a going concern as is.
    Management can do this with the knowledge we have to bend over and take it or PFG get the lot.
 
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