explain this, page-5

I agree with you in part Veecat.

At the rate FGE was growing taking on a partnership with a bigger company was necessary if FGE was to continue to grow at a sustainable rate. Not taking on a partnership would have meant that FGE's growth at its current rate was unsustainable. This is my understanding.

I am in complete agreement with you that small shareholders should not sell at the absurd price of $2.10 which is an insult to anyone with even the most basic understanding of equity analysis. IF CLO want to take a 50% share let the directors sell to them and let them buy on market.

Warren Buffet once said that it takes a lifetime to build a reputation although only 5 minutes to destroy it. Peter Hutchinson in his attempt to sell this absurd deal to small stakeholders has in my opinion destroyed his reputation and it is my hope that the business community of Australia will remember him as a man who tried to send shareholders in the company of which he is Managing Director down s%%t cr%%k with not even a paddle.

$2.10 cannot by any measure be considered a fair and reasonable offer and I urge small stakeholders not to sell and even buy more at these low prices.