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9,019 Posts.
535
29/08/17
11:21
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We were 4.5c cents... before the deal
They turned down outside insto interest from upwards of 3.5c
Unanimously recommended without any apparent due diligence an offer 30-50% below the market price
with overlapping directors
overlapping cornerstone shareholders
the same boutique investment banker
suggestive broker data months prior to the deal
suggestive shareholders movements in the year prior
with official releases a mess of inconsistent dates and coincidental ownership ratios.
Now look... 2.9c and an offer for 60% less AVA.
Clever managers? I guess it depends from which side your looking.
Last edited by
sahmee:
29/08/17
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