not only give away our funds for nought but also add it to the acceptance facility in SOLs favour ?
INKSUPER "The issuing of performance rights would have been agreed with SOL before the last offer of 26.5c."
Please dont take this as a slur on you or your post,
I too assumed that SOL would know of this and sought clarification. When I spoke with someone involved with SOL about these performance rights issue ,it was strongly suggested that SOL DID NOT KNOW ABUOUT THE CONDITIONS attached to the issue. It came from a blindside.
It is my understanding that there was a window in between the T.O.bid and the disclosure of conditions attached..... can you tell me if you have read an announcement regarding these rights BEFORE they were issued ? I thought they would have had to be voted on by shareholders... and just to vest IF an offer is made NOT if an offer was successful..... just to clarify, I happily own SOL shares and I rang them as A SOL shareholder to ask WHY they allowed this to happen,i.e.money to be taken from the kitty, and did they know it was going to happen.I was stunned that SOL did not have access to all of the deals and arrangements made by the target company.... I live and I learn. I thought SOL were at the top of their game..
EXS Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held