James Carthew comments on Saba in Linus Uhlig’s article:
“So, a record turnout and almost everyone bar Saba rejecting its proposals. Surely the message must get through to Saba that investors do not want it in charge; not of EWI, nor Herald, nor Impax Environmental Markets (IEM), nor any other trust for that matter”.
“If it wants to run a trust it must IPO one. Time for it to admit defeat and accept the generous exit terms that Herald and Impax Environmental have put on the table,” he said.
Read the article here