Dissenting ShareholdersToday is the last day that you can dissent to the Plan of Arrangement, or distribution of the Tigray assets. Why one would ever do is beyond me, as the Directors can then determine a fair value, subject to Court hearings etc.
But the important thing is that a Dissenter has to rely on market value, because net asset value will lead to a huge screwing.
So a common formula like average trading value for the preceding 20 days is the best he can hope for. Which, of course means that the Directors have no incentive to see a high share price prior to today's close.
The above is a highly unlikely scenario IMHO, but you never know what governance requires.
It is always darkest before the dawn