and now?, page-5

BCI have stated that they recommended the bid (subject to Ind Exp Report etc) as in their opinion shareholders deserved the right to inspect the bid and let it run its course.

Had the general market tanked in the meantime and KPMG came back with a report based on lower IO price assumptions and a price less than the bid and a recommendation that it was fair, we would all be keen to see it go through and have the $3.30 in hand.

That these hypothetical events did not transpire does not remove the fact that the board were at least giving SH's their day in the sun. Many boards would not have done this and I see it as a positive.

Let's look forward and trust that management will (continue to) put SH's first in all future matters.