Clearly Frontier outplayed us. I pointed that out a while ago.
They have backed us into a corner.
We vote it down, which we wont, itll only be by a small margin. Remember, spirit voted theirs in by over 70%. I believe we will vote ours in by well over 60%. Let's say I'm wrong and we vote it down, how much will it be by? 52% no?
Let's assume that happens. We vote it down by 52/48. What does that tell the company? They only need to add a few pennies to get to a yes vote.
So.... let's delay our 50% raise by an unknown amount of time to add a few pennies. The only way we get a significantly better TA2 is with a resounding no vote. And I really don't see that happening. Do you?