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Ellix

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Ellix

Re: duratay post# 1508

Wednesday, 08/03/2005 12:49:35 PM

Wednesday, August 03, 2005 12:49:35 PM

Post# of 2437


Your assertion would be true, if it was a sincere offer and if the BOD knew that it was possible to pass the motion.

However, it is becoming more apparent that the buyout "offer" was really just a ruse and the "acceptance" of the offer concluded the other part of the scheme. I am sure any buyout now can be concluded just by buying the controlling shares at market prices, and can be accomplished for a lot less than the $3.12 previously offered.



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