Ann: RMS:Ramelius makes Recommended T/O Offer for Spectrum Metals, page-261

Tangs - I think what most of us are upset about is the fact the market didn't get a chance to value SPX once the court proceedings were settled. The feeling has been since the action by Venus that the share price diminished because of the court case. With that out of the way, we should have seen where the market thought it lay. Not what a few men in 2 camps decided. Also, it was only a few more weeks we had to wait for the outcome in court. If SPX board were so certain of their success, again the market would have decided. So - it's that we have been sold down the river by a board who said they would defend the case rigorously - but pulled the pin after 3 months with only a few weeks to go - didn't let the market decide on the outcome, but instead inflicted a takeover on us that none were expecting which obviously had been in the wings for quite a while. If the market had been let trade a day or two after the court action was over, that would have answered a lot of questions which now can't be.