RE: RE: AUG 26 meeting.Especially in view of the price of late and the market's fear, a shareholder's rights plan is a good thing if not a necessity. There is no harm IMO in having such a plan in place, while at the same time it can discourage an acquiring group from making a low ball offer.
If ever there was a "normal" offer made, the plan does not kick in and we proceed with the offer. So I don't see any disadvantage to having such a plan in place.
I have a few companies that have a SHRP and I will definitely vote YES to the shareholder's rights plan.
P-Air