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26/07/22
14:02
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Originally posted by Hobbit2233:
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I got a call today too and my share holding(s) are relatively minor. Course of the conversation and questions went much the same as everyone else reported on here. Got the spree about the booklet, pros and cons of the scheme etc. Told the delightful lady we had already voted no, When asked why I said" 1) We indeed would lose money on the sale. 2) Could not understand why the board kept approving offers that were low, then higher, then lower again. 3) May consider a higher offer 4) Disappointed in the board 5) Did not want to see another Aussie company die like this. Interesting they are reaching out to all shareholders it seems. Must be costing a small fortune. Wonder who is footing the bill?
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Given that posters have been saying that the company are out of, or will be out of money if the no vote gets up, I'd say we are footing the bill for the ring around.