DSE 3.73% $4.45 dropsuite limited

Pending Meetings EXM & ODN Zzzzz....

  1. 4,045 Posts.
    lightbulb Created with Sketch. 17
    Common ongoing theme here.....

    EXM

    Ann - 22.6.16


    "Excalibur Mining is proceeding to arrange a shareholders’ meeting to approve the takeover process for Dropsuite. Notices of Meeting will be despatched in the near future"

    ODN

    Ann - 27.6.16


    "This agreement is subject to Odin shareholder approval which is expected to be achieved at a shareholders’ meeting on a date soon to be advised"


    Just schedule the meetings!

    In all my time as a shareholder in mutiple companies, have I ever known a company to take so long to 'schedule a meeting' to approve a transaction!! Of course the respective transactions are going to be approved, why wouldn't they be? But the inability to schedule a meeting tells me something else is going on.....

    Endless announcements about Gridcomm and Dropsuite are all good and well. But they mean nothing unless ODN & EXM actually become Gridcomm and Dropsuite.
 
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