I wonder whether the presiding judge was made
aware that a massively dillutive financing was in the works when he ruled that there was no need for an early special meeting of shareholders?
I read the ruling. He did not think that the costs that would be incurred by shareholders to set a meeting was of service to these same shareholders.
Would he have had any clue what the costs of a 25% dillutive financing,near all time lows, would do to shareholders? It makes the 500K cost of a special meeting look hilarious in comparison.
Does that provide GW the level playing field for the vote that the judge was envisioning for the November AGM?
Something tells me that would not have been privy to this maneouvre!!!