RE:RE:Next stepsFrom the press release
In addition to having recent and separate discussions with Supremex's CEO and its Chairman for the purpose of sharing his views, on December 30, 2021 Mr. Christopoulos delivered two Shareholder Proposals addressing certain of Supremex's strategic alternatives, for inclusion in Supremex's next Information Circular.
The term 'strategic alternatives' can mean different things. I think here it means that the activitist thinks company is undervalued and he wants the board to get improved value/share price for the company. Something that shareholders can vote on.
It is used at times to also mean put the company up for sale and seek bidders.
It could also mean selloff parts of the company. to realize value which the market is missing.
The next quarter is the 4th quarter (AGM is coming), so it could also mean he wants representation on the board, and wants to replace some board members with his picks. (I think this is one of them)
Comments on other strategic alternatives?