It was an interesting week, where i "received" two privatisation offers - Lafe Corporation and Croesus Retail Trust.
Not all privatisation offers are good and Lafe Corporation was one great wealth destructor
Lafe Corporation was for my dad and listed with much fanfare back in April 2000 with a market cap of $460m. The market cap today was $22m and for every $1 invested in the Company, it ...