Share
878 Posts.
lightbulb Created with Sketch. 2
clock Created with Sketch. 05/07/18
20:27
Share
Originally posted by Kalenn
↑
The reason IMO that the board surrendered was because the private equity groups were hovering and wanted control. I had direct conversations with PE guys were they stated they were unhappy and wanted a new board. I would not have wanted to be involved in an AVB that did not have the ongoing support of our now ex-board. A lengthy handover is a requirement in Brazil IMO. OZL have achieved that and it is obvious that was the board's choice of outcomes given their choices. Did they do the right thing by share holders in general?
Expand
I do not know if I am being obstinate but I have not signed the acceptance nor sold my shares. I just want them to have to go through the acquisition process even though they now have the majority of shares. Been great over the years watchin these threads but I still believe we have been dudded.
