RE: Announcement of a Scheme of arrangement13 Sep 2024 15:31
I feel this will be a done deal.
Whilst some instituonal holders have expressed disquiet with the terms, I have seen none who say they will vote against.
With Private Investors holding only 18%, many probably not voting and some voting for this will go through.
Sad in one way I have been a holder and client since the IPO, an excellent company who revolutionised investing for the PI.
However they have lost their way the last year or two and need a change to maintain their
position.Felt they were over valued when in the 20s, should have sold then but didn't.
I shall remain a client when taken over and see what happens. To get a return on their huge investment they will have to keep clients happy so hopefully we will see improvements.