I’m interested in other shareholders’ opinions on a heavier-handed approach to resolving the deadlock with the Talleys.
Perhaps an arbitration where an arbitrator ultimately decides whether Bathurst will buy the Talley’s BT stake, or vice versa, and what price the transaction will take place at.
Similiar to the process Beam Communications (ASX:BCC) has just initiated with their JV partner. Beam expects to have a decision within a year.
I don't think we need any more evidence the Talleys are horrible partners with misaligned interests. So why continue with them? I find it hard to imagine Bathurst shareholders losing under any scenario.
BRL Price at posting:
98.0¢ Sentiment: Hold Disclosure: Held
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