I don't think the size and composition of the board is very relevant to the MYG major shareholders, but it is interesting only the chairman was offered a seat. Probably only a token gesture, he's retire before the next re-election. This is definitely a takeover, but its the best option MYG has in the current climate.
MYG Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held
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