Originally Posted by
forest
Yea, I attended the meeting.
Meeting went well, I had the feeling that PGW is better focused on a realistic business model now the company is simpler, smaller and with a more robust balance sheet.
The question was ask of the Chair about offers and likely hood of takeover maybe by one of their 2 largest (overseas) share holders.
The answer was no offers and no straight answer on how likely it is for one in the future.
What I did found interesting that the Chair seemed a little uncomfortable or annoyed with this question. While answering it seemed to me that he changed body language in a way that makes me wonder what to think of his answer.
Add to this todays notice of more than 1 percent increase in share holding by BCA and Balance's expectation of a takeover for quite some time.
A takeover or scheme could well be on the horizon.