Small shareholder protection3 Nov 2021 19:16
The RNS contains this paragraph.
I strongly believe that it is in interests of all Shareholders for the Board to be comprised of directors with a cross-section of views and skills who can collaborate to ensure that the interests of all Shareholders, large and small, are represented and looked after at the Board level and not just the interests of certain large and vocal shareholders seeking undue influence at the expense of a control premium you should enjoy.
Me again.
I read the tone of the full Release (especially the bit above) to confirm that - the actions of the Board announced today are ...... a defence against “large shareholders” who are trying to get a deal that favours THEM more than small shareholders.
As a small shareholder - i like that Twigger, and “the majority” of the Board want to say “no” to BHP’s tactics - I also read this as saying that NM and others (not getting voted off) is key / crucial to STOP BHP. And ensure best value / result for “ small shareholders”
I don’t agree with RK1 spin that NM is in league with BHP and being offered a BHP board seat to help them. I think it is the exact opposite.
Then again i have only 50 odd posts to my name so could be miles off - but other than overpromising and going slooooooooooow - NM got us this far.
skint