seems the view by MLX is that it may be something like you say....

seems the view by MLX is that it may be something like you say. whether they get the deal or not, if stuff like this can be proven, then it wont go down well. You would have thought that TAM would have approached many suitable partners before setting on a deal as part of the governance.

What I find odd, is that when the NST deal hit the table why TAM wouldn't have approached MLX and try and sort something out, given the stage they had reached with a HOA. What I am not sure about is that it doesn't mater which way you cut it, the NST deal is much better for SH's. So how does the HOA stand up in that event, even if its seen as enforceable. don't the Sh's now have a case that they have been hard done by given they have settled on a deal, where TAM should have have done much better in negotiations. In fact much better!

Any thoughts on SH's rights if the HOA on MLX deal is enforceable