She is the CEO and doesn't hold as many shares as previous management. She has to act in the best interest of share holders and look at serious offers between $1 and 2. Previous managment can't block her. I also think they will split the US and Australia businesses and that's why previous management have become CEO of each business. Once the sale of one goes through. The new lady will take her bonus and be out of a job and onto the next big thing. Then Aus and US seperating will unlock value for current share holders in any deal. After that I'm guessing the US business will be swallowed up by someone bigger over there and the Aus business will still trade on the asx as it is presently.
All speculation on my part. Think about why they both became CEOs of the two regions. I believe they want to sell one of the businesses. I believe my scenario will play out.. Might get some good coin for the US business if you're lucky.
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