EXFO Inc EXFO

Why bother having a BOD with a majority owner

[88guy88]

talk about a stupid concept....a third party off could be $20 for all it matters....the majority owner in this case just rejects the offer because he knows the company is valuable and wants to keep all the greedy upside for himself.....just read on BNN that he rejected the offer of $8US

thats why they did not even halt the stock because they know its a dead deal

do NOT invest in any companies like this where you have no rights....I would never touch a stock like this

[valuemind]

Mr. Germain Lamonde's words show he does not have the best interest of minority shareholders, and he only thinks the best interest of himself.

[Possibleidiot01]

i would categorize this not as a dead deal but a done deal. This is obviously a personal ight between Germain Lamonde and Viavi. The good news is that $6USD was a fair offer. It's bizarre that Viavi made yet another offer when the deal is done and Mr. Lamonde's objections are so clear. I do agree with you - better to invest where your votes matter

[88guy88]

the special meeting on August 13 is just a platform for Lamonde to have another chance to Bull Sheet minority investors on what a fair and honest deal his $6US is.....how can he even attend such a meeting with a straight face.....oh yeah....he will just use the other one!.....LOL! the BOD is no better....what a bunch of overpaid useless representatives to have the best interest of all