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08/03/16
15:16
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Originally posted by caketin
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Hi Jessie,
I don't think we should expect to hear much before those currently building a stake are finished. They are now on the board after all and will be able to vet any announcements until that time. I don't believe I'm being too cynical. I do not however think they are considering winding it up. Why would you buy 30%+ of the company, and still counting, above cash backing, and get the Managing director of that interest a board position in a company about to be wound up?
Follow the money I reckon, and for the time being it's flowing in.
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"Why would you buy 30%+ of the company, and still counting, above cash backing..."
Caketin
Yes, up until today, maybe our sentiment might have been a little more negative. Is there a chance HyACT might one day arise from it's induced coma?