It would be pretty much mandatory to propose a merger and have it rejected - VOTE OF NO CONFIDENCE.
Coleman would have to go too, but at a later date, once a new MD, a decent operator was pulled on board, they would then bring in a new Chairman and the renewal would start.
A big NO from me.
Trading at the same price as 27 months ago today.
Where are the ORE / GXY synergies in the last merger? Or was that all bullshit for the old Management crew to get their change of control performance shares???
AKE has underperformed the sector the last 2 years.
