Re: What's Zwanziger up too? I am a bit concerned that he might be able to call in the convertible loan RNS 22/12/15 , and acquire the company at the expense of the share holders. like you said will know more tomorrow. Thanks for the reply. the look of he share price any information leaks have been firmly plugged.
Re: What's Zwanziger up too? I cannot imagine that the reasons for Ron's departure are due to negative developments, i.e. that he has over-promised and under-delivered. Even if he did, his value is too great to give him the boot right away. One possibility may however be that his style was too aggressive and that some of the old guard could not cope with that. I am hopeful that the reasons for his departure are positive: I could imagine that he has been approached by a private equity firm to lead the take-private / buy-out of EKF and drive the business forward under private ownership (with eventual trade sale in mind). It would be a pre-requisite that he would not be a non-exec on the Board. If this is the case, then I guess we should find out tomorrow!
What's Zwanziger up too? Any ideas
Ron Zwanziger If he wanted to lead a buyout of EKF as an exec, he cannot be chairman at the same time...
Director change If Chris Mills is now chairman what happened to Ron Zwanziger?
Re: Awfully quiet around here ... Yes I believe in the plans for recovery... try the LSE board as more chat over there.
Awfully quiet around here ... EKF has been recovering quite a lot since the shock a month or two back. Has everyone deserted it completely? If there's anyone around, do you believe in its plan to return to profitability? What predictions, if any, for the share price?
? When can we expect a trading update or some news on the recently closed financial period?thanks Optimistic2
Abbott M&A aspirations Snippets from the webcast: " Alere was not the only opportunity on the radar screen.... balance sheet capabilities exist to do more in diagnostics...pretty optimistic about it.... interested in expanding emerging markets..."
Abbott to buy Alere Abbott to Buy Medical Test Maker Alere for $5.8 BillionDrew Armstrong[link]
Zwanziger Looks like he is using the wire broom...
Re: No brainer "When will the market wake up to this?"I think it just did.But you were quite right - it was a stonking buy for people with no brains.
Next steps 1 Ron Zwanziger appointed Chairman2 De-merger of non-POC business3 Take private of POC business led by Ron
Re: Going to the wire Â…. (16:58) Sale off Good.Hopefully the Company will be allowed to grow. Patience is an underrated commodity nowadays.GLA.
Going to the wire .... "Accordingly, an extension has been granted by the Panel and Jinjing must, by no later than 5 p.m. on 23 October 2015, either announce a firm intention to make an offer for EKF in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel."22 minutes left ...