SAY NO TO OFFERS UNDER $13, page-36

The letter is deceptive in it presentation - especially if it is published in the media for public consumption..

Firstly, the 53% of shareholders supporting …. the use of the word "shareholders" is simply deceptive.
When in effect only a small number of shareholders have 53% of the shareholdings.

Secondly, I find it difficult to accept that electricity price have increased due to outages.

Unless the bidding rules have changed, as the bidded price is to supply the distributor and isn’t changed by the outage
The generating company with the outage has to fill the shortfall capacity by buying on the open market and sell it to the distributor at the original agreed.

It should simply reduced the profit margin for the generating company whether they dealing with a distributor company or directly having a contract agreement with a larger customer.

I'm only have less than 500 shares in AGL but simply want to act like a Greenie on the stupidity of the Corp Act for a Publicly listed company!