I think I am tending to a yes vote here. Just think about it, TK and the Board indicated that they thought that an offer price of 11.5 cents (valuing the company at $100M) was a good deal. The current offer is very close to double that amount!! I have completely lost faith in this Board and am convinced they just want to ride off into the sunset and be rid of us pesky shareholders. I note the consideration for their options has increased nicely too - See Schedule 5 of the Scheme Implementation Deed attached to the announcement.
I may keep a small parcel to vote no just to hopefully mess with their plans.
Does anyone know if all the dates are now reset or do we still have to vote by 17 August?
RAP Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
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