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02/03/17
10:56
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Originally posted by jake0002
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I know I will be jumped on, but this is a classic situation for an opportunistic takeover of YOW.
I have read over and over that predatory takeover specialists are attracted to targets with specific characterisitcs:
- poorly performing SP ------> witness daily new 52 wk lows
- sound underlying business ----> sales increasing 85% -90%, and b/even looming
- upheaval of Board and /or mgt ---> no articulated refresh, or plan
- vacuum at board level ----> no replacement Chairman or new director
- board dominated by Exec directors ----> need non-execs and independence
- perceived poor performance of board and/or mgt ---> even bigger s/h complaining
- the ability to turn the financials around, cut costs and waste ---> salaries and admin
- the ability for predator to install own Directors and review mgt
plenty of examples.
just look at Bellamys - drop in sales/np etc. board sacks M/D, vacuum, big s/h launches spill.
low SP, vacuum at Board level, poor perception in ASX, business sound with real growth potential, plenty of cash !! , opportunity to cut waste and costs, opportunity push real growth in products and geographical regions etc etc.
wide open Register (FIL would bail out if they can make money ! that's their business)
a sitting duck
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Is the drama with hank fully over as anyone looking for a takeover will wait for that to be out of the way first.