1. Get rid of the consultants -just fee gouging parasites
2. Give Dougie a consultancy (to look for deals) and appoint a new CEO (Wal King probably looking for a new job)
3. Tell the banks to stick their money where the sun doesn't shine.
4. If Sumitomo is still interested in Nufarm, get them to underwrite a renounceable convertible notes issue for $700m at a discount market price with options
This pays the banks back, allows all shareholders to participate if they want, allows Sumitomo to up their equity stake at a cheap price and with no complaints
My consultancy fee $10 million as a fee gouging parasite
1. Get rid of the consultants -just fee gouging parasites2. Give...
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