Ann: Chairman's EGM Address, page-31

Maybe it's a case of some holders simply feeling grateful for multiple gains and not wanting to question management's decision. The longer the dust settles from the sale of Arcadia, the more disappointing the result seems to be. We have missed the gains that most lithium stocks have seen over the last few months while our company price has been anchored to around 85c.
It's also looking like we will see losses through the exchange rate and not to mention the tax implications that many will battle with the dividend component. Prospect 2.0 will have to perform miracles to get this deal looking like a win for all shareholders not just those with the right tax situation. We can only hope.