Re Anthony Maurici and Snowside, he opposed the re-cap back in...

Re Anthony Maurici and Snowside, he opposed the re-cap back in 2017:

https://www.smh.com.au/business/com...ed-boart-longyear-revamp-20170608-gwn0um.html

Obviously as a large share holder he opposed the re-cap due to the subsequent ridiculous share dilution.  Now I assume he's opposing the re-domiciliation to prevent a future buy-out at a cheap share price.  It's good that he's fighting it, for the sake of longer term holders, but I'm not sure it's worth his battle.

For him to recover his initial investment, he needs a full BLY recovery.  This means a period of significant profits and a share buy-back.   This means a period of healthy commodity prices, and although they are recovering in price (and I'm hopeful it continues) the problem is global growth is fairly slow.  He also faces the problem BLY's always had; disastrous management, and the fact BLY has so many consolidated offices around the world, and that BLY's  problems are so deeply embedded and long term, means this ship ain't turning easily.

The only thing BLY is good for is university case studies about badly run companies.  And how the heck is J. Olsen still a director after years of under performance.  He doesn't excite me when listening to conference calls.  He should be back in Texas shooting his guns protecting his trailer park.