the two committees set up have Alison Deans and a merchant banker from Rothschild, on the "independant committe and Peter Yates on the other.
Why are ECP staff CEO & MD not dealing with this at arms length when they each stand to gain in the outcome ?
PBL should not have a vote - as they are launching a mop up takeover bid.
Would'nt it be nice to see Kerry Stokes's or an us player counter and build a stake ?
I have said before that as soon as ECP hits profit 2003 then the sooner its share price will rocket - its a cash cow.
ECP - if its ceasing to trade and being reabsorbed into PBL return the capital to its shareholders not to the internal revenues of PBL.
Its a con - ecp holders bought in on the basis of a managed portfolio of internet businesses - we all took the risks - and now the Packers will reap the reward !
