OZL 0.00% $26.44 oz minerals limited

takeover, page-5

  1. 1,673 Posts.
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    You know, Mission, i had an incling(?) from the very beginning that the motive for this whole merger was simply for the company to be taken over by a bigger rival for a premium.

    Hence, replacing CEO with one that has experience negotiating takeover offers from larger companies and all the retoric spun since the idea was putforward- "the combined entioty will be prime takeover target for larger rival etc". Didnt sit right with me. I know why you would say that occasionally however, it occured far too often it seemed.

    I dont however, believe they would have seen the massive slide in price. I reckon they would have been predicting a swift takeover for 6-8 dollars with the hope of a bidding war.

    Just a suspision i guess. As we all know management are to be trusted 100% and they would not decieve holders in such a manner, yeh?

    Cheers
 
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