Timber956that may well be true. However if the company was still...

Timber956

that may well be true. However if the company was still listed as any such outcome progressed the announcments would be made to the market the share price would rise and investors would have an exit strategy at any stage of the potential deal .

I know the delisting was a resolution voted on, but I thinkit was a condtion of the whole deal. And part of the deal was that the purchaser of all Alinta's assets execept ( Redbank) was and is as part of the deal providing office support. I certain the timing of a delisting before end of August was to ensure they didnt have to have the accounts finished in time to lodge with the ASX.

Not being listed could lead to less informed sharedholders getting ripped of in the event of unsolicted attempts ot purchase their shares.

I hope the new directors reverse the delisting( dont get me wrong I am prepared to hold regardless) but I believe
remaining listed is a better approach.

I dont think the new directors are "White Knights " either and hope that the coprorate governance ensure that we are all rewarded fairly for sticking around should a a good outcome result. Again remining listed would help ensure this.