Magna are now entitled to a seat on the board.
They now hold 35% plus whatever entitlements they purchased on market.
They are not selling so there is a floor on the share price.
Now it is up to the company to improve it's performance. Magna may be able to help with that. I certainly hope so for both our sakes.
Magna are now entitled to a seat on the board. They now hold 35%...
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