Be Mindful.....read between the lines...19 Oct 2019 10:40
I think this article is probably true......however for me the suggestion to delist is for good reasons.....its in the paragraph....
But he complained that attacks from hedge funds, bad publicity and its failure to raise money from big investors such as pension funds meant it was no longer as helpful to be a listed company. Fraser said: ‘Where we are now, I think we might be better off being a private company, because sentiment, short-sellers and all those sort of features are just massively distorting the value of the company.’
I personally read this that CF absolutely appalled by how all the above has wrongly brought SM to this position...
Going private you would have none of this....imo it could the best way forward...
Regards Dan