RE: Bought today23 Dec 2024 14:14
Legache
Surely there could be enough to block this if people add more and guarantees the block?
Kindly copied from your summary (below)
I do not believe that current management have enough sway over LTH's to persuade them and also, given how fragmented the shareholder base is, they have done enough work. Even if they were to call me and ask [I have yet to get such a call], I would tell them its a daft idea.
Yes I believe they have about 20% of the shareholder base on board, but IMO it won't be enough, but we will see. Lots of canvassing I have been doing amongst PIS - none have said its a good idea. On this board the only LTH that is not new to the board in the last month of two is Ned. He is the one and only PI that has an interest that thinks this is a good idea. Countless others think its daft!