RE:RE:The Market Has Spoken Never happen now.
Any wise company would wait for the dust to clear, any other company stupid enough to try would realize that 22% of the vote would be against them, to start.
That is not including all the people that are not on concerned shareholders list. And according to the boards there is a lot of people in that area. So by my guessing there is 50+% that the want to vote for a change.
Which company would try to new investment in a company with those optics? Even at "only" 22% against you in the vote.
P.S. they do have to have a shareholders vote if they wanted some deal that changes control of the company.
IXL1969 wrote: If current management had a plan to sell the asset, and pay out investors, they certainly will have to move fast before concern shareholders take control.