We can understand the Boards decision if it was a superior offer, its not even marginally better.
The Scotts were never in it for the long haul. Theybwant cash now, they used the reverse takeover of Petrel, to access money makets and fundctheir own wealth through discounted raisings. Lets not forget being Chief executive of European operations with Exorbitant salary. The two Scots treated warregi as if they still owned it 50/50
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Ann: Warrego enters into Scheme Implementation Deed with Beach, page-143
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