I'm very confused about what to do here. Thank you everyone for...

  1. 2 Posts.
    I'm very confused about what to do here. Thank you everyone for the previous comments.

    They are saying that it's been done to allow investors to realise gains and cash out. Montu has said in the chairman's letter "without the intention
    to undertake a trade sale or IPO of the Company in the near term, Montu recognises that its shareholders have limited options available to realise the value of their investment."

    This doesn't make sense to be honest, at least not a the primary reason for this offer. Secondly can we see any financial records as shareholders or is that not possible given its a private company?

    I'm also confused that in the email it states a shareholder can sell some or all of their shares, but in the documents it states by accepting the buy-back the shareholder agrees to sell all of their shares. So its all or nothing. If the company wanted their shareholders "to realise the value of their investment" why wouldn't they offer them the option to nominate how many shares to sell??? Seems almost adversarial.

    Anyway we have a few more weeks so any input from you guys would be greatly appreciated.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.