Iggy on Investing
@IggyOnInvesting
Investor & Writer 📬 https://iggyoninvesting.substack.com/ Exploring value investing through deep dives, cases studies & live meetups.
1/ 🚨 THREAD: Anexo just pulled the most brazen minority squeeze I've ever seen. A "cash offer" 13% below market + threat to trap you in unlisted junk. Even their own advisor said "don't take it." This is what financial bullying looks like 🧵👇
Was at a wedding yesterday. There was a rap for the groome that included a verse about bitcoin going to the moon🚀🚀🚀. Idk where we are in the cycle but close to the top.
📢 Calling all Anexo minority holders! Our coalition already controls a massive chunk of the float committed to voting AGAINST the delisting. Not in the group yet? Message me. The more shares we unite, the stronger we get. Group + other large holders can already block. PLEASE…
1/ 🚨 THREAD: Anexo just pulled the most brazen minority squeeze I've ever seen. A "cash offer" 13% below market + threat to trap you in unlisted junk. Even their own advisor said "don't take it." This is what financial bullying looks like 🧵👇
Imagine having a normal take over bid. :(
Looks like the UK's Alpha Group $ALPH.L is getting acquired. It was a nice ride for the past 2 years or so. Thank you $ALPH management!
Never seen anything like this... Independent advisor says the offer is too low "Independent" directors are employees of the bidders Share price down since before the announcement Justification of price is based on the share price during a 2-week market flash crash
If you've got big balls, you can sue the directors under s260 Corporations Act... It's a statutory derivative right for minority shareholders designed for this exact purpose. It's worked in Australia and you have similar legislation. If I was a holder I would have those balls.…