I fully support the decision of the independent Directors to reject the $1.25 proposal.
Taurus feeling the heat after the Takeovers Panel became involved, all of a sudden found a way to improve the offer by 25%.
I note it appears they attempted to screw over those shareholders who had already accepted the bid.
I suggest any holder who has already accepted the offer read this Bidders Statement carefully.
You are now fully aware of whose interests Taurus have prioritised first, and it's not yours.
It's not too late to reverse your acceptance, should you wish to do so.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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