Lesson to me and shared with all here.
1. Leaning on an insto for financial support is like dancing with the devil and hurts shareholders in the SHORT term (coould be 12 months). I beleive Orbis really put the screws on management and I would ahve to think that ACL management felt somehow obliged to them instead of seeking fed funds and bridging loans backed by FOnda sales projections.
2. When good news is out and consensus has it that it is good news but the SP tanks majorly then this MAY be a sign of the above item 1 (ie a demonstration of control to the board by the insto ie bullying and creating a sense of hopelessness for the board to acccept their conditions)
The following rider is to protect meself:
"I am not stating that the above DID happen, merely sharing and conjecturing possibilities of which there are many"
Skim
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