Ann: Scheme Update, page-19

Exactly right. Everyone thinks just because TB wants it that means they should want it as well. The only reason TB want it is because they believe they can fix things up and turn the company around in a way that is impossible under the current management. They can also leverage existing acquisitions to assist in turning the ship around. Only TB can do this, the company is doomed without them. I would hate to see another good Australian company fail because shareholders got too emotionally attached their shares.

I hope that when/if the price falls into the cents, and an offer is made to acquire for $1/sh later on in the future, the shareholders won't be so resistant. Can't see any scenario where they offer a higher price, it would be absurd of them considering how high their current offer is