"Both the FFT and MaxSec Boards adopted appropriate measures to ensure no conflict of interest in the offer process for joint company directors Chris Fergus and Rob Broomfield"
pffffft..!!......what appropriate measures ? more detail please.
this deal is so bad I cant for the life of me see how any glitter can be thrown on it to make it look better. However I do hope I'm positively surprised shortly as since becoming a shareholder purely based on the AVA business they appear to have not put a step wrong but how they can think this will get thru is anyones guess. Without having looked into it a great deal as I'm on extended holiday it appears that the CR followed by the takeover was a rushed job as the SP was moving away from the price they'd probably agreed upon some time ago....perhaps they were hoping they could transition the shares on market over a longer period of time hence the buy sell patterns over the last few months. Announcements have been kept purposely very brief / no pumping the company activity for this reason. Word was definitely getting out on the strength of the AVA business and the free float they could play was decreasing so they had to act quick.......just some random musings but if this is what it appears to be their reputations are shot, and the mud will stick for a long time.
"Both the FFT and MaxSec Boards adopted appropriate measures to...
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