No sane person would vote to accept this offer ... only a Wah Nam Associate, hence they will need to buy on market over the next 30 days in the hope they secure enough shares. I doubt very much they can achieve their objectives without significantly raising the SP or perpetually extending the offer.
I'm not selling for $2.50 implied value. Norgard and Co may have rolled over but the rest of us are made of sterner stuff.
No wonder they announced this after the AGM - would have been a riot otherwise.
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- what a disgrace - make em pay
what a disgrace - make em pay
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