Anexo Share Price (ANX)

On the bright side, this extension is only a week.

Two months of fairly meaningly form-filling and we are no nearer to a resolution. There's a reason for the "put up or shut up" rule.

We can only wait to see the offer although the delay itself is making me more suspicious and I feel we might even need a good answer as to why it has dragged on for so long. But let's first see the offer to determine if we think it is derisory - if that is the case we have plenty of options listed further down the message board.

Alan added another director to the board yesterday—someone likely very aligned with him and expected to help push the deal through, even if it means accepting terms that are unfavorable to existing shareholders and had previously been negotiated by the current board. I'm expecting a disappointing outcome but ready to move on.

...as you say how could they not know the business - smacks perhaps of the difficulties of the non involved directors getting some form of reasonable outcome for shareholders that could show some pretence of looking fair!?

Either way it doesn't inspire a satisfactory outcome...