CGH 0.00% 11.5¢ calibre group limited

any reason why we should vote yes for this?? saving $70k in...

  1. 56 Posts.
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    any reason why we should vote yes for this?? saving $70k in listing fees and a bit in compliance costs seems very small beer against a revenue of $566m p.a even before the proposed takeover of Diona. Can't see where the upside is for shareholders other than for First Reserve who will no longer have to mark it to market but instead reval it at book value, ie a whole lot higher
 
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Currently unlisted public company.

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