Bloodwynch, then what is your suggestion. Do nothing? I want to be able to continue to make money and that means doing something. If doing nothing achieves nothing than Alan Kohler has done something futile. He headlined it as " Macquarie's ransom"
The next day there is already a report stating that Map has to defend the deal.
All you need is enough noise for everyone to start taking note. Remember if I don't prevail than everyone will say I told you so. However if the vote does get this overturned than guess what MQG have lost a great deal - they have more to lose in this than us.
I seem to think that Gunns havent been able to get their mill off the ground yet. I am not expressing anything other than that if a number of letters are sent to the company secretary and independent directors etc etc than they start acting more cautiously. The professionals having to say this is fair etc. I see in the Orchard Industrial Fund scheme Deloittes has just amended their recommendation for fair and reasonable to fair and unreasonable.
You can get some parties to move and people are a bit more wary of behaviours than before. Its worth a shot.
Do your own research. This is just my opinion which is one of many that will get expressed its all up for debate and hopefully adds to the conversation.
MAP Price at posting:
$2.43 Sentiment: None Disclosure: Held