RE:RE:RE:RE:Harvard Biz School case study...with emphasis on BS Growthnvalue wrote: I'm back to vent a bit more myself. It's highly unlikely that the company is in a blackout period now, post earnings, and yet still not a single insider purchase. Just more banking of gifted DSUs. The company continues to incinerate shareholder capital. The hearing earlier this week with the tribunal was a complete farce. There's no live bid, why waste more money on egregious legal fees claiming that Mithaq is required to make a higher bid now? That ship has sailed, and there might have been a window for negotiation in the past, but Aimia seems to have missed that opportunity.
The amount of money that has flowed to Norton Rose Fullbright must be staggering. They probably have a shrine to Aimia in their office given the millions in fees received. Something needs to change here ASAP to put shareholders out of their misery. Hopefully that happens at the AGM, but even that can't seem to be scheduled as it should be.
Agreed, I wasted a few hours watching that farce and couldn't believe management would be stupid enough to continue with this pointless money wasting charade. Talk about putting good money after bad. I figured this stupidity would have stopped with Mittleman gone. The OSC staffer seemed in awe that they were even bothering continuing with it.
Either way this entire board and management team need to be shown the door whenever they actually grow the balls to schedule an AGM. Time to sell off the pieces. I'm sure that Indian outfit has to be worth at least half what Mittleman paid for it....