RE: From Jacks 13 on t'other board17 Jul 2021 11:56
Children.....children.....please
No deal - HUR die - BW lose 2 legs
BW ain't gonna cut off 2 legs by playing coy. Would you?
For ALL practical essences - BW and HUR needs 100% aligned.
All else is noise
A fair deal will be struck - neither company will be concerned re fine detail.
And BW know that if HUR prosper, Am will be there for years filling BW coffers
The ONLY fly in ointment is this -
2 new HUR BoD are oilers - learning how HUR is run and knowing that ABSOLUTE PRIORITY is keep well 6 producing. Do that - all else automatically falls into place
2 OTHER BoD members are bad guy deviants Chaffe & Maris - deprived of huge brown envelope 'success fees' if 'Plan' had been rubber stamped - suffused with angst and ego and knowing they are there short term until 2 new oiler BoD have time to find decent CEO and FO - who will undoubtedly be STILL doing all and everything, OVERTLY & COVERTLY, to thwart new BoD succeeding.
THAT is HUR's principal current problem
The 2 new BoD oilers can't currently afford a verbal punch-up with Chaffe & Maris - if the 2 baddies walk, HUR have 28 days to appoint new CEO & FO (legal requirement). Otherwise bondholders can and will again destabilise HUR
Always perspective - bigger picture - always perspective