Why is selling SHI such and an imperative, I understand it's outside the core business but if it's not hemoraging cash than why the pressure to lock in more losses.
Board should have totally rolled after the past years results. I'm not sure how any of the remaining board members could justify their positions considering the absurd goings on the past year. But in no way should crown get control. It's a fight as to who gets the turn around opportunity and the potential spoils that go with it.
Crowns methods are a sketchy way to do business but not really foreign considering this is a company that used to be part of BBG.
When SRF announced the 20 mill contract was going bad and they were going to cop litigation the share price was butchered. Turns out crown only want 3 mill (pretty dam shy of 20). This whole debacle reaks of trading on inside info. I hope the toothless watchdog is on the sent.
SRF Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held