If anyone is silly enough to think about voting in favour of these raiders from Keybridge, just contemplate the potential for a new board to cancel the Capital Return, reduce it, or just delay it.
At least with the current board, we will definately get that 4c back in OUR hands, not left to the corporate raiders.
Keybridge shareholders have been left suspended from ASX for last 7 mths, KBC s/h have been unable to sell on mkt, the ASX is investigating the activities of KBC, and KBC has "invested" $5m without s/h approval, and refuses to provide details as to just where that money has gone. The auditors of Keybridge have heavily Qualified the accounts of Keybridge, stating that they cannot verify the records.
Why would anyone let them get control of the Yowie board?
If you want to get rid of current mgt and board, then find someone else with decent retail experience, and a good record in corporate governance.
YOW Price at posting:
5.7¢ Sentiment: None Disclosure: Held
