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13-05-2018, 11:00 AM
Hi dydx,
I share your views on LTC Corp's potential and I do not think they can secure 90% of the shares at the close of GO. But with delisting EGM, it is another different ball game altogether as stated by me earlier. Every vote counts in the delisting EGM and minorities cannot just stay put as in the GO case. Minorities have to come out and vote against the delisting resolution to keep LTC Corp listed.
As TTTI had stated, we are not here to correct the wrongs and it is not a fair world. It will be a tough fight but I guess it is worth fighting if minorities could make enough noise to get the rule makers noticed. We might be losing this battle but if it is for future good and possibly better minorities protection, I guess it is worth a shot. Let's see how it goes.
I share your views on LTC Corp's potential and I do not think they can secure 90% of the shares at the close of GO. But with delisting EGM, it is another different ball game altogether as stated by me earlier. Every vote counts in the delisting EGM and minorities cannot just stay put as in the GO case. Minorities have to come out and vote against the delisting resolution to keep LTC Corp listed.
As TTTI had stated, we are not here to correct the wrongs and it is not a fair world. It will be a tough fight but I guess it is worth fighting if minorities could make enough noise to get the rule makers noticed. We might be losing this battle but if it is for future good and possibly better minorities protection, I guess it is worth a shot. Let's see how it goes.