Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Anexo (ANX) today says that shareholders have rushed to take up the 60p tender offer. They want out, they do not want unlisted loan notes controlled by a management team Allan Sellars and his ghastly Mrs Samantha Moss who are obviously prize turds of the highest order. The effective take private backed by DBAY is a shocking abuse of shareholder rights as I flagged up right at the start back in April, particularly in light of industrial scale share dumping at far higher levels by Sellars. It seems that others then came around to seeing eye to eye with old TW.
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