RE:New Press Release - MITHAQ PROVIDES UPDATE TO FELLOW CONCERNED SHAREHOLDERS ON AIMIA'S FURTHER ATTEMPTS TO FRUSTRATE SHAREHOLDER DEMOCRACY AND AVOID TRANSPARENCY"Given the board's conduct and aggressive litigation strategy, Mithaq is concerned that Aimia may attempt further entrenchment tactics, such as an unnecessary private placement of shares to dilute the ownership of all shareholders, including concerned shareholders like Mithaq."
This is a valid concern. I already thought they may no longer do the NCIB because it would stengthen Mithaq's position. And some sort of large dilution tactic at discount prices would lower Mithaq's percentage. Amia has become a nightmare with two parties fighting for control, without the usual potential for said fight to drive the share price higher. Quite possibly the opposite. Plus I'm not sure I trust either party.