another bidder??, page-10

Boris, Hosh; this is only just beginning and it would be a fool who thinks that there is not more to come in this saga. The amount of get out clauses in the SOA alone indicates that this is just the first salvo. If the directors had truly wanted to give up the company we would've had an off market offer made, whereby STO and TRU would be well on the way to majority control. Either that or an on market offer, as TRU could quite easily have increased their stake without too much reaction in the wake of the carbon tax. It's either a case of revised offer after the upgrade, a counter bid, or both. Only a fool would see this as fair value for what was declared a 2.4 billion dollar resource a few YEARS ago. There may be regulatory, community and exchange rate pressure, but that is not enough to only give 37.5% of what was declared true value years ago. My experience tells me to hold this out until the end, as essentially the worst case result is a floor being put in the price at around the offer price.

DYOR and come to your own conclusions. I've done mine and my sentiment has changed.