LNK 0.00% $2.09 link administration holdings limited

shareholders will have to vote and agree to except the...

  1. 647 Posts.
    lightbulb Created with Sketch. 59
    shareholders will have to vote and agree to except the Indicative offer.
    The implementation of the Scheme is subject to conditions customary for a transaction of this
    nature, including:
    • Link Group shareholder approval;
    • Approval by the Court;
    • Various regulatory approvals;
    • The Independent Expert concluding (and continuing to conclude) that the Scheme is fair
    and reasonable and in the best interests of Link Group shareholders;
    • No Link Group material adverse change; and
    • No prescribed occurrences.
    The Scheme is not subject to a financing condition

    I will vote to not, except the offer.
    2021 AGM the remuneration report got a 63.33 % against the report.
    This means if they get another strike against the whole board will have to sit for re-election.

    This sale, on and off again has been going on for years.
    But never seems to get there.
    I've lost faith in the chairman and CEO.

    Reporting is misleading but the big move a decade ago to take over an English company has not worked and cost the rest of company dearly.
    Bad fundamentals result in bad NPAT of $70.747 m
    THE BOARD NEEDS TO BE REINVIGORATED.
 
watchlist Created with Sketch. Add LNK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.