I agree with your sentiments and want to double them .. this whole sordid affair makes me want to SCREAM!!!
Especially today's announcement. If I'm reading it correctly, it appears that Prime, after having run the company into the ground, are offering a pittance to pick up the carcass of Destra that is left ... having creditors vote on whether to get a tiny bit back (and Prime get the goodies) or get less in liquidation.
If that is the case, it REALLY sucks!
To think they were reportedly on the bring of making a proper, formal takeover offer (if not opportunistic at the time) until that 'tipster' spilled the beans on at the eleventh hour, they reportedly withdrew the offer and now they're picking it up for zilch ... GRRRRRRRRRRRRrrrrrrrrrrrrrr x 100 to the power of 100 x infinity
(I can't muster up the usual 'Cheers' that ends all of my other posts)
p.s. please correct me and confirm that I've got it wrong (and explain what else is really going on)
DES Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
