I agree with all the above.
One must wonder if all has been announced to the market.I tend to agree that this is all for the board and their future and heathy bonuses after the takeover.Stuff the shareholders.
We will also probably see the "independant valuer" say that $1.52 is a fair price.
And what will drive it home more is if the takeover goes ahead we will probably see a shit load of reserve upgrades soon after that.How convenient!
Maybe i am too cynical as well but its how i feel.
My vote is NO.
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