RE: RE: Other truths ANC management continues down this path obviously expecting everything to go through including that Evans assessment will miracleously show that the valuation is fair. I don't have faith in the Court system and certainly not in the short arm of the TSX-V and Regulatory bodies to step in and call out management for all the positives that they communicated about this company over the years, which is very much in contrast with the implied market valuation.
If a common shareholder could put a stop to this non-sense it would be a coup for all folk that invest in TSX-V companies. It would be a good step towards showing that these shannanigans don't go through so easily and start building some integrity into the system. Don't get me wrong, I am confident that the board and management are acting in good faith. I am confident that they are saying that this is the best they are ever capable of doing so the shareholders should take the deal. My only issue is that shareholders should not be limited by the limits of their competence. The offer is ridiculous. If we had a competent management team and someone wanted to throw $100k into the stock as a sign of renewed optimism, the market price would have probably gone to this level by itself. Then it would have been just onward and upwards from their.
It would be a sweet dream if someone was able to convince the courts how ridiculous this offer is, using all the info that management flung at us over the years, put an end to this transaction, have current management resign and the sweetest part would be if someone made them pay the break up fee as retribution for even entering into such a ridiculous transaction. That would be the real sweet ending to this saga and Angoss would perhaps get a chance to start reaching its potential.
GL.