You seem to have some ideas on timing. Just my 2 cents worth and just thinking aloud here, if we sell our EFS then management needs another EGM. Timing one month.
So there will be no sale before current EGM, then there is a small window after holding EGM at which option terms are changed, to announce the sale, hold another EGM to approve sale and close the deal before 1 Jan.
So shoot me down or correct me as this is just guessing 1. Hold EGM 31 August 2. Re pricing of options not to take place if transaction occurs before 1 Jan so 3. As Transaction will require a new EGM after Announcement. EGM to approve sale (assuming it Occurs) must be called before 1 Dec, allow a little lea way say Nov 15. 4. Announce Sale sometime between 1 Sept and 15 November. Again next day after changing options is crass so between 8 Sept and 15 November.
Probably full of holes, I welcome any help.
Good Luck to all holders!
TXN Price at posting:
56.5¢ Sentiment: Hold Disclosure: Held