agree, I feel like this could be well played by a few parties to purchase a company while its on its knees begging...
from one of the announcements;
"noting that, as these assets represent the main undertaking of the Company, shareholder approval will be sought prior to the finalisation of any transaction. "
Richard is a large shareholder, so I'm sure he is doing everything he can. Basically need a hail Mary debt facility of $40M to cover redemptions and provide working capital...that isn't going to happen...
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- Ann: Redemption notice received
agree, I feel like this could be well played by a few parties to...
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