Itochu 40% Dilution, page-11

What is strange is the part where AGS will allow Itochu to have a Board member on AGS and one on ACE.

If AGS won back the 75% it would seem reasonable to have ACE managed with an Itochu Representative ie Board Member on ACE and one on AGS. imo but If Itochu take up the 40% now whats the point of having a Board running ACE unless AGS spins it off?

Why wasn't a proviso put in that all DSRs only applied if AGS won.

Taking the Itochu Deal into consideration and some posters who claim AGS were always going to sell or force H/Q into buying then it appears the Itochu Deal on face value is a massive blunder now. imo

Management "stating there are expressions of interest from a number of parties" must have you in stitches, Moseley?

The Itochu Deal and any expressions of interest fall behind H/Q so its all posturing on AGS's part to get H/Q to offer 'something' at least. Everything depends on H/Q. imo

The first bluff didn't work with the M&D C Matter and now this bluff with the Sale appears to be amateurish, only in my opinion.

When the Sale figure or other comes through then all will be revealed.
atm I don't see anyway out for us as a small shareholder. The odds are stacked against us. imo

Our only chance was the first bluff! imo

Md