AHR anchor resources limited

Darryle,I received a phone call from the M & A Consultants...

  1. 1,406 Posts.
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    Darryle,

    I received a phone call from the M & A Consultants working for AHR as many of the key shareholders and they asked me my opinion of the Board, Management and Company progress.

    The feedback I received from the consultant was shareholders were frustrated with the lack of progress, delays & transparency and as you are aware loyalty, friendship & Money don?t mix. (Note Floated in July 07 @ $0.20) Take over $0.28.

    It would be interesting to know what % of the last capital raising would have been taken up if it was not for the Takeover underpinning it. Certainly my informal questions at the AGM suggested not a high %.

    Sunstar have also rang key AHR investors and I assume the feedback would have been frustration etc & they canvassed an acceptable $ takeover price.

    I have mentioned many times that AHR needs to justify with a S.M.A.R.T programme fully funded going forward to ensure shareholders do not sell. (We now have the restructure). AHR we need a Cornerstone investor of offer.

    Like it or not Sunstar over the next few weeks could/will be making an unconditional CASH offer payment in 21 Days in a stock which is illiquid. This will be very tempting.

    AHR Board the ball is in your court that why you get paid the big bucks.

    Please make you own decision. I am only reminding you of the thinks you already know this is a Business decisions.
 
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