All Active Asset Capital Ltd (LON: AAA) should have plenty of knowledge about bid target Audioboom (LON:BOOM). One of its directors, Rodger Sargent was involved with the reversal of the business into an AIM shell and was a director for a short time. The bidder is also in the process of acquiring a stake in AAQUA, which has a 12.4% shareholding in Audioboom.
Rodger Sargent joined the board of Audioboom following the reversal of Audioboo into One Delta on 20 May 2014. He already had a shareholding in the company, and he acquired more shares at the time of the reversal to take his then stake to 1...
