Mr Scott and Ms Hutson have got a vested interest in making sure that they are perceived to be saviours rather than being the ones that sold a business for too much.
The way they are sucking up to King is a joke. How can someone who is so brilliant do such a bad job? King bought a business for too much.
And as for the claim - "had we been on the board we would not have allowed all this recent stuff to happen" - give us a break.
They did not go on the board because they just took the money....and shares. Tony Smith did not get caught with many shares....I wonder who was the smart one in that partnership?
Try to understand this:
1. the current sale of Stella is favourable given the circumstances
2. Scott and Hutson are obliged to say it is unfavourable given the circumstances of the S8 acquisition
3. there are a number of drivers that will prevent the sale being overturned or allow a sale at a higher price
This is not downramping the rescue plan; just understand the facts and motives of who is making the proposal.
- Forums
- ASX - By Stock
- MFS
- what has mr scott proposed
MFS
mfs limited
what has mr scott proposed, page-6
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online