AFJ affinity education group limited

Lack of communication from Affinity to it's shareholders, in...

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    Lack of communication from Affinity to it's shareholders, in connection with the proposed takeover by G8 is concerning.

    On the 6th of July, Affinity appointed Luminis Partners and Corrs Chamber Westgarth to assess the proposed offer from G8. Four weeks on and no update. On the same day shareholders received communication from Affinity advising against taking up the offer from G8.

    On the 7th of July a rushed Market Update Presentation was released to the market.

    Since then nothing, total silence. I wonder..........

    Disclosure: I am currently holding G8 shares. My decision to buy was based totally on share value and not in any way based on G8s performance as childcare providers.
 
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