Get ready for the RTO The plan has been simple.
Acquire control of the company and then supress the good news while accentuating the bad.
A frivolous lawsuit followed by denial of business opts in the US.
Delay soil processing from early 2012 to Q2 of 2012 .
Supress the good news.
Note that the increase in soil received was not included in the recent press release nor the fact that the acquisition committee is still active.
The share price has followed suit to a new 52 year low.
Allied groups have had an easy time loading up on cheap shares.
The conditions for the RTO are now in place.
Even at a price of $2.25 per share, the offer will now look good to the retail investor.
But, it will still be a steal.
Will it be by a private company or by a shell ?
Those are the only details left unknown.