I believe there are a number of MYX investors who like to read Hot Copper posts to stay informed yet are reluctant to post. That is a perfect way to use Hot Copper and in fact on a couple of other shares that I own I do the same thing.
However at the moment small retail shareholders in MYX are under siege from a low ball offer from a US private equity firm that is trying to snatch our company from under our noses with a grossly under valued offer of $7.40 per share. That is my opinion, which is not financial advice.
One way to encourage a much fairer (higher) offer from the US firm is for more shareholders of any size to express their feelings toward the offer especially if those additional voices say they will vote no.
So if you believe the offer is too low please come onto Hot Copper and express your view and let the potential US buyer know how you will vote. The more no votes indicated by shareholders increases the chances of a higher offer.
So please in this instance, in our hour of need please come onto Hot Copper and make a post. You are very welcome.
For full transparency I will be voting NO to the current takeover offer.
Note: as always, shareholders should seek financial advice before making decisions to buy and/or sell shares.
MYX Price at posting:
$7.22 Sentiment: Buy Disclosure: Held
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