Forum Topics NUZ NUZ Trading Halt

Pinned straw:

Added 2 years ago

Some interesting stuff happening in the HC thread ‘Corporate Action’ for PAA.

A bunch of the top shareholders have come out of the woodwork and are coordinating to push for a board restructure, and the reinstatement of Dr Michael Thurn as CEO. Guessing that’s what’s behind the trading halt.

I’m down on my holding, but it is a very small part of my portfolio so just grabbing the popcorn and enjoying the show on this one!

Nnyck777
Added 2 years ago

Certainly intriguing. Lots of grumbling about old entrenched stale Board. Be interesting whether they can get Michael to stay.

I am impressed that share holders can make a difference in these companies.

Looking forward to getting the answer Thursday.


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