See announcement 31 May 2013. These LONG TERM HOLDERS supported Manny/NEO in the recent stand off. What I want to know is what NEO has promised these shareholders to side with them. As I previously posted we have to assume that NEO/ Manny had the numbers, and maybe I am right in saying they did not want to go to the takeovers panel who would rake over their dealings.
What would make you align with a Korean company that is losing money day to day.? Answer $$$$$$$$$$$ ?
ICP has enough cash left to pay me 14 cents a share for 30% of my holdings (I am not banking on that assurance though)
I cannot believe that is the deal they have promised their Aussie partners though, cos they could have achieved that by sticking with the recent board and flogging the NEO asset elsewhere.
I can only imagine the deals they have tabled for release to market. Remember though their motivation is to get back the 60% that ICP own of NEO, and whatever they say, do or achieve from now on is to that end. All my opinion of course D. Y. O. R.
Add to My Watchlist
What is My Watchlist?