I agree with @substanceonly. I've previously and consistently expressed my displeasure at the deal proposed for shareholders, but SFI has no plan B and the downside of voting no is no money, a raising at a very low price and massive risk to shareholder value and funds.
I appreciate @goarmy's perspective but don't believe there is any substance to his Chinese rescue scenario. In fact the Chinese option fell by the wayside without firing a shot way back in August. And, given the powerful position Eagleview are in, leaves very little room for a higher bid from an alternative player - unless its the tooth fairy!
Yes, we await the Independent Expert's report and complete comms from the SFI Board, but I urge all Hot Copperites to consider the implications and ramifications of a no vote - just because you are p...ed off at the performance of the Board.
Let's get some cash and move on to greener pastures in 2019.
- Forums
- ASX - By Stock
- Updated sentiment on voting
I agree with @substanceonly. I've previously and consistently...
-
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)