RE: PRE VOTE: FOR OR AGAINST28 Jan 2022 14:23
I hope people think carefully about they are considering voting for....
Similar thing happened in MTFB with a proposed RTO to save the company... terms were similar to this , big dilution, but would have left shareholders with a stake in a new , potentially profitable company!
Agitators whipped up enough of a frenzy amongst shareholders to vote it down , saying the BOD should go and negotiate a 'better' deal. Well, the prospective RTO candidate just walked away and left MTFB a busted flush and it's shareholders with zilch!!
So, just be careful what you wish for, .....
as the phrase " cutting off your nose to spite your face " springs to mind !!!
;-) GLA