RE:Strategic Sale...For Fastest Gains and Maximun gainsAll listed securities are still trading at a discount which, even if markets are not always efficient, seems to send a very strong message. The risk-reward profile has fundamentally changed.
In a rational world, shareholders should vote with their feet and indicate that liquidation is the most balanced and reasonable path for value maximization.
Are top shareholders and management in a position to capture most of this value?
I would say that common shareholders may also be stranded going through the black-box transition.
This thing may need another form of activism.