Oversold, page-13

Saturner,

First read the announcement of the resignation of EH and MdV where they cite the loss of support of several major shareholders for their resignation.

Then read this article:
https://au.news.yahoo.com/thewest/business/wa/a/21274253/tangiers-jacka-bid-strained-after-revolt/

Tangiers Petroleum's $37 million agreed bid for Jacka Resources is under strain in the wake of the shareholder revolt that has decimated Tangiers' board.
Tangiers yesterday completed the mail-out of its bid documents, hours after opponents of the offer triggered the departures of executive chairman Eve Howell and non-executive director Max di Vietri after just 17 months.

Ran away? No. They jumped before they were pushed.