""(Certainly could not recover from MacQuaire Bank as the money was NOT paid to MacQuaire Bank , it was paid BY CTP on behalf of CTP to various entities such as Computer share and the EY expert reports etc.
So please explain where does the money get recovered from, the Company paid it and optionco wanted to recover it from the company !! Really ??
Such public decisions ( and positions) did and do not inspire confidence.)""
To begin with CB, can you please tell me what you are on so that I can get some of that stuff myself.??? I do need some of it at times, especially when I read some of these comments.
May I suggest to you CB that you do some better research before posting such baseless and unfounded remarks as it will only come back and bait you in the rear end. But what can we expect...
Now, and to begin with, if you were to be doing some research, you would have found out that if and when a company has been approached to be taken over either by a proper T/O or via a SoA, it is the responsibility of the Board of the company under the takeover to engage the services of Computer-Share, and to engage the IE as well to prepare an Independent Expert report, and to pay for it. It is not the responsibility of the bidding Company to pay for the IE report at all, as it required by the Law in order to protect the Board itself from any contrarian ramifications, and for the protection of the shareholders.
Do you believe that if there wasn't any IE report prepared and released to the market the SoA would have got through first stage and through the Court.??
How about it Haasko, can you please straighten/clarify this up??
Dear oh me CB.....what next.
Perhaps you are getting confused with something else but yet again if you were to be doing some proper research, you wouldn't have written such baseless crap at all.
All you are doing is trying to instil fear in shareholders while pushing your own wheelbarrow full of personal agenda. period!!!
And one more thing before I close......How can you be so sure that in the way the resolutions were presented were the work of the proposed OptionCo or not in the way the Incumbent Board presented them.?
After all CB, You haven't got to go back that far to find out that same tactic was applied to back in 2012 when the board of the time put up that resolution in the same way, where we had to vote to either bring in Cottee or keep JH. One or the other, NOT BOTH. And the shareholders although they are now screaming fowl play, they have voted accordingly.
So mate plenty of smoke in your comments and accusations but not facts at all to support any of them. Facts mate...facts, not fallacies.
Perhaps someone has a real method in his madness once again too.
CTP Price at posting:
12.0¢ Sentiment: None Disclosure: Held
