Four Front went about this the wrong way
They should have quietly solicited other institutional holders for support . Assuming they got them signed on with 25-35% support then go to existing board asking them to resign . Such an approach would have saved all shareholders a ton of money . Once Four Front " wins " shareholders will pick up the costs of both sides which could be 5 million $$$$ . Notice that ALX shot up like crazy based on the assets they just bot from RPL . making the sale look like a dumb move.