10-02-2017, 02:12 PM
(10-02-2017, 02:08 PM)dxdx Wrote: voting no as well, and I urge others to do the same. Tans want to buy it cheap, as they should; however current shareholders also want a fairly valued price, as it is in our right to demand one. hopefully a happy balance can be reached. ~$1 seems more than fair considering the cash holdings and cashflows Spindex is able to generate.
in addition to that, I've noted that the price has been artificially depressed to sub $0.70 for a while.
I am behind you too, dydx. Agree $1 is more fair, considering the premium needed for privatisation. But end of the day the position of Yeo is important.