"The deal doesn't work in its current form, it needs to be sent back adjusted."
Absolutely! The issue is many here have convinced themselves that we must act right now and hence cannot vote yes quickly enough otherwise directors will resign, OBJ will fold, time is running out & many other catastrophic events will ensue. The boards game is money (it is irrelevant where is comes from) and they are playing the game very well.
If there is not enough information - there is not
and the proposal does not look fair for the shareholders - it does not and is not
and the proposal does not marry with the prior board narrative - it does not
The only logical thing for a shareholder to do under these circumstances is to say no until all concerns can be fully addressed. The board will then return with a revised proposal.....this happens daily on the ASX. So what if we don't trade for another month? Are people really so keen to get this deal, any deal underway that they'll gladly accept a fiscal pineapple? The board are betting we all will.
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