We havnt heard a peep from Lone Star since the EGM. It is obvious that they have not sold their holding, and they do not seem like a group that would just sit and wait for their investment to increase in value - especially as they stated that the current board could not deliver that value.
Are they busy behind the scenes? Are they in talks with James? Are they investigating introducing a buyer for Antares? I just doubt they are busy doing nothing.
Any thoughts/views?
AZZ Price at posting:
61.5¢ Sentiment: Hold Disclosure: Held