Am I correct in understanding that Brookfield require 75% acceptance of PIH holders via a vote for this "merger" to go through and that Brookfield can't vote with their 40%?
If correct then as BEPPA holders had 16% (not sure what now)of PIH then we have ~ 27% of the 60% balance....mmmmmm.
Seems like we could have a little bit of leverage to get some better disclosure and communications of financials and process etc re AETD sale? As this has all been invisible to me since late 2009.
Re PIH - Just seems wrong selling a net asset backing of $6.35 for $4.60...but guess that depends what else is on offer.
Am I on the right track with 1) AETD and 2) PIH?
If so, and ideas how to go about it?
Am I correct in understanding that Brookfield require 75%...
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