“CE appears to be a ruthless character. I did not like the way he rancidly bullied NWE shareholders, just imo.
The directors of NWE, again imo. Acted shamefully, certainly not in the shareholders best interests.”
In business there are no friends. It’s a dog eat dog fight not for the faint hearted. That CE is the same tactic pLS used to get Altura, they pounced in a cold calculated manner. the weak take the loss and pain
You do the negotiation before and not after you’ve agreed, so I used to say Tony is the man you want on your side. But if the board agreed, what is there to fight for?
don’t count on IR’s they’ll simply list more risks to reduce it if they’d initially calculate $4 or $5. No one wants to waste their time? Did the board agree? Yes? So that’s the fair value!!! Have you ever heard of someone who charitably offered more than his offer that’s been accepted?
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