i think simon failed shareholders today.
he had ample opportunity to release this announcement during market hours but he didnt take it.
to allow a full days trading with no response to media reports quoting "null and void" was shameful and worked against the small shareholders who unlike fund managers and "friends" are unable to get clarification via a telephone call. this creates a situation where the smaller shareholders are selling and those in the know are mopping up.
why is it that we get good news after the market closes? the sales agreement announcement also came after the market closed.
given the rough ride we have all experienced the past 18 months i think we deserve a lot better.
i feel sorry for those who had a long term position but felt compelled to liquidate their holding at the close because of the uncertainty the 18 hours to the market re-opening would bring. potter could have dispelled their concerns much earlier in the day.
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thanks simon!, page-2
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