Hi,
Doesn't matter what the minority shareholding is, or who controls the board, board should manage company in the best interests of all shareholders. Difficult to pin "best interests" down sometimes.
For this reason ORG will want to consolidate the SGL assets into ORG.
But probably no great hurry though.
To avoid appearance of conflict, if they are over 50%, doubt they would take majority of board places.
Question remains, how much more and how much when, if not selling at present.
Only got holding costs , worth waiting a while, don't see price going down.
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ricegrowers limited
dilemma, page-9
Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
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