BRR,
Just a quick note on the IB & Secured Notes:
I believe that these were offered to all shareholders when originally issued as a rights issue, and that Harmony underwrote them, so they got them by default (because shareholders didn't take them up) and not because of any Board conspiracy. I know you are frustrated and annoyed, but in this case, all shareholders could have taken them up, and I was one who did. With 20/20 hindsight, I wish I'd sold my shares and taken up more of the notes.
And you are right in your general conclusion, current shareholders are going to end up with a fraction of the company.
My suggestion, BUY up more of the NOTES!
BRR,Just a quick note on the IB & Secured Notes:I believe that...
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