re: Ann: Waiver of 80% minimum acceptance con... My post...

  1. 976 Posts.
    re: Ann: Waiver of 80% minimum acceptance con... My post earlier:- (what I can remember only)
    WN has hit brick wall.
    what difference do cutting out 80% makes to share holders?
    The only advantage is for WN - holding onto Directors 11% + a few dumb acceptors shares.
    Originally we all believed WN's lie of delisting,
    but now I believe 80% + Directors 11% = compulsory takeover.
    If they got 10% warehoused + 11% = compulsory takeover.
    Now 73% + 10% warehoused (if they still have it) still 7% short.
    The last 10.1% will be easier to raise funds for to pay cash.
    Will you be there with me?
 
watchlist Created with Sketch. Add BRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.