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AQO DLS

Ann: DLS: Notice of Variation - Extension of Offer Period, page-50

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anglo-norman

488 Posts.

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29/07/14

17:12

Post #: 13733014
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Originally posted by invertedva ↑

If you want to underplay the seriousness of the issue, that is your prerogative Barney.

For my part, I will say what I have said from the very beginning: small shareholders were disadvantaged by the actions of the directors whose early acceptances effectively blocked a successful bid by Magnum, which at the time was at a significant premium to the DLS offer. The Takeover Panel agrees, and took the extreme measure of unwinding the directors' acceptances.

Whether this amounts to outright fraud/collusion, remains to be seen, especially without the full decision released yet. And it would be daft for me to contend such a thing. But in the mean time, I will use language that expresses my disgust without getting me into legal trouble. If you think being circumspect is being guarded and passive, too bad.

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for me, it's clear AQO directors acted responsibly when they choosed DLS, because they knew MRH, and they noticed all the problems this co had in the past and its roller coaster SP.

AQO Price at posting: 35.5¢ Sentiment: None Disclosure: Not Held

DLS Price at posting: $1.61 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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