NEA 0.24% $2.08 nearmap ltd

Bye Bye Spookfish, page-10

  1. 5,445 Posts.
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    Always surprises me how few people vote or even know how even with electronic voting. People are very lazy with their investments and cop lots on the chin . Very small % actually read up about investments and materials emailed or even snail mailed out are often overlooked or not understood. Unless someone gets a copy of register and targets holders with information about why to vote then many won't. Those that vote no will be contacted and in a round about way be told they can change and why they should to align themselves with management. Meanwhile the company will be having their share register contracted to contact holders and it will inspire most to vote the way management says unfortunate IMO. Management have aligned themselves by allowing penalty for withdrawal or hunting for another purchaser to make a competitive offer. They will only highlight downside of not accepting not the positive possibility that could be a outcome. The opposing case and missed opportunity or gains will not be promoted. Best thing NEA holders could do is buy a spread of holdings for family and vote it down as it will slow process and a copmetitor gaining momentum and raise the bar for next offer.
    Last edited by Teddyward: 06/08/18
 
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