WEC 0.00% 4.8¢ white energy company limited

...mmm, I've not experienced a management buyout before. So if...

  1. 129 Posts.
    ...mmm, I've not experienced a management buyout before. So if there was a management buyout, how does that effect mum and dad shareholders? Would all the remaining shares be bought and if so, a what probable price? The company has a substantial bank balance at present.

    Would the company be delisted or remain a public company? I would imagine an extraordinary general meeting would called and a vote taken? Obviously if management want a MBO to happen, they would need the majority holding.

    I myself have a large holding and am also holding a substantial paper loss.
 
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