I actually think that postponement of the meeting may be a good sign. May be they realized which way the votes were heading. Perhaps the votes regarding re-election of the "independent" directors will be more forthcoming should the offer be sweetened a bit.
Today, all trades occurred @30.5c. I am hoping things are getting negotiated behind the closed doors with major insto holders. As I suggested, no independent consultant will be able to state that the deal is reasonable if it is below the market value.
On another topic, as many other posters, I did email the company with my misgivings about the LLC offer and received no reply. Has anybody's email been unacknowledged as well? And I only used the term "a**hole" once or twice (just kidding)
- Forums
- ASX - By Stock
- the message is getting through...
I actually think that postponement of the meeting may be a good...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LLP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online