Merger DealSolutioin Finder give it a rest !!! We all know in spades where you stand. If you find Quakes annoying push the ignore button. A good debate is fine but this is getting tiresome. The only way the merger is not going to proceed is if management decides to pay the break fee or we get an early better offer.
So you may have 60 million no votes out of 360 million. If another buyer is in the wings what is their best action plan to get their offer accepted ? Sell shares in both DML and FCU to fire up the shareholders to nix the deal.
I like the merger because we will still hold a 50% interest in the deposit and time will be on our side to collect a pile more for our shares than we will end up with from an early sale. FCU is certainly at risk of going cheap if they go it alone.
So we have both sies of the main issue here and you have a bunch of work ahead to convince another 120 million shares to vote no. Good luck with that if this board is the only place you are selling your plan. Retail investors rarely have any real say in these matters