1 of 3 directors

Well, what an interesting development, 2 directors still advise rejecting the current offer, while 1 director believes that even though the offer is not 'full value' it is basically fair in the current market.

Not often have I seen such a pragmatic and (IMO) honest statement.

I must admit, my hope has been that AUT would extend the offer to July 3rd of 4th, to allow holders of less than 12 months to at the least, push the tax burden to the end of the next financial year.

I am assuming that AUT will in fact get the %50 by the 15th, then AUT will extend to the dates I mentioned. Then after July 1st the rest of the holders will sell.

All my own opinion of course.

Sorry to those who expect more for your shares, but AUT have timed their bid well, market uncertainty is to their advantage as the bidder.