HeadSet, If it wasn't for you, "they" might have pulled it off. You're probably officially on their "fecal roster." If your hadn't noticed the article re: PBT2 when you did, we might all still be in the dark. Almost a full two months passed after the publication (before you uncovered the Bohlmann report). Obviously the board didn't feel shareholders needed to know about the PBT2 revelation. We were expected to be grateful for the tidbits the new proposal offered "not fair but resonable"...and we'd give thanks to our valiant leaders for their extraordinary wisdom. Right?
This doesn't appear to be accidental, they also neglected to fill in FTI (for their expert valuation) on PBT2 as well. Could this seriously be an innocent "slip up?" Didn't the BOD read the report before putting it out (report dated 2/262019 - and put out for general distribution on 3/6/209 - over a week to review, edit, etc. the report prior to distribution)? Again...over a week to make sure there were no mistakes or misstatements, but the valuation distinctly avoided the Bohlmann information. Was this the plan all along? How far back was this scheme cooked up?
(Also, remember when Rudy Tanzi, one of the co-founders, was an active member. I thought he gave this outfit the aura of respectability...but he's sort of disappeared from the scene. Hmmmmmmmmm. Wonder if there's any significanse...)
Sleepless nights for the BOD as a least three inquiries make it to the ASX (don't be shy - send yours today: https://www.asx.com.au/contact/customerFeedback.html#/reportmisconduct ) Could be some interesting questions coming their way...
Gawd that was one mean monkey-wrench you dropped into their finely tuned charade.
Thank YOU !!!!!
PBT Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
