77,
Plenty of truth in you post. The EGO revolt is going down a road of destruction in my opinion, however they are shareholders and have rights and good luck to them.
You can just imagine if they were to try to claim the Canning back from KEY, imo you would have to think KEY shareholders who purchased shares following the acquisition would respond with their own class action against KEY. IMO CM’s legal team are all over the current situation.
With regards to KEY, the way the new management team have promoted the Canning I am expecting news out soon on a number of fronts. Firstly an update on their assets being sold off, and then a possible jv. Longer term, who knows?. At the ends of the day, they have the land that others want.
Cheers
R
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