Well said Nostradamus the executive director and chairman need to fully disclose to share holders and tell us if there are any bonuses that are linked to this deal immediately. Surely this can't happen as they are all over paid in my opinion for doing bugger all as directors as this company under there watch has NEVER thrown a profit!! (as you can see from all there financial statements over the years)
As i have said before this is a horrible deal for HYO share holders and the major share holders in my opinion should sack the board immediately and let some capable IT personal run this company and build true share holder value and not just flog it off for some shares in a reportedly troubled digital services company in europe!! (who have just sacked there chairman and 4 directors and lost 35 million dollars in the last year!!!)
I can't see this deal getting approved by share holders I would be gob smacked if it did!!
Wake up BOD and let some capable people run the show!!!
HYO Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held