RE: good luck sellinmg a million a day ha ha6 Jun 2020 11:20
What I understand to the last RNS:
1, I think there will be at least 2 different votes: if accept 20.9p offer and if remove the entire board.
2, I believe JB will reject the 20.9p offer. If he accepted the offer, he has no shares to sell after the general meeting.
3, JB can vote to reject the 20.9p offer of cause, but for some reason he agreed not to vote down the entire board by using he’s 61% right, and he needs other share holders to vote the board down.
4, IF the current board sill rule AMIGO after the general meeting, JB will sell he’s 61% shares about 290m in 100 trading days, that’s 2.9m a day, twice more than average trading volume.
I don’t want to see this happen, I also don’t want to see the board and the dominant stockholder fighting continually, thus for just littlie help I intent to vote against the board; also because current board useless, AMGO lost huge percentage of SP.
BigB, I use Barclays broker, online cooperation action says “You have no active corporate actions.” Should I wait for new action coming or contact my broker now?