ThoughtsToday 12:07
I have been following the days of back and forth on here, reading all the positives and the negatives. There are some very good points made and some clearly intended to try and move the SP in either direction, through speculation.
My key issue is that how can ANY professionally managed company ask its shareholders to vote for something WITHOUT releasing all the relevant information?
This new potential investor clearly has information that has not been distributed to all shareholders', and I can only assume that major shareholders have been informed prior to the vote? If this is the case then for me this is highly unprofessional and leaves us private SH at a disadvantage.
If partial release of information has not taken place, then how does LC think he can carry a vote whilst keeping SH in the dark about exactly what they are voting on?
Either way I look at this I fell that LC must be removed and a professional competent CEO be put in place. Asking SH to vote on a deal without all the facts is incompetent management. My view is that this only leaves me in a position to vote NO, even if after the release of information we then come back and have an informed vote.
I cant help but think that we are being herded towards voting no due to the deliberate none disclosure of information - but WHY?
Thoughts?