Post by
xomoc8391 on Feb 25, 2019 6:10pm
Was this sale done honestly and ethically?
The BOD must have known the sale of the company was in the works when they issued the awkward notice of the dividend policy change near the end of January. It prompted some shareholders to sell myself included as I'd lost faith in the company. It was less than 2 weeks later that the offer from Vistra was announced. Is a company not obligated to make public when it is in the process of selling itself? I know there is the letter of the law and the spirit of the law and it could be that nothing no legal line has been crossed but this sale as with the affairs over the past year are underwritten with the feeling of deception, manipulation and dishonesty. Somehow I get the feeling that much from behind the scenes is not being told. I am fine with my decision to sell when I did, it was a conscious decision that seemed right at the time given the information that was made available then and am doing ok on what I reinvested that money in. Do any others feel that something hasn't been quite right with Crius for some time now. Feedback anyone?