Ann: Letter to Shareholders, page-3

Well, the little guys got their attention!

Nice little down ramping by your own directors that SP could drop below 72c if you don't sign on the dotted line. This is despite their own valuer valuing the shares at between 85c and $1.08. So is the valuer to be believed or not? Directors seemed very confused as they also using the valuer to justify the TO price, but don't think he is accurate if the TO doesn't go through.

GL shareholders. It doesn't appear another player will come in this late, though I do remember SRX got a new TO offer a day before voting. Certainly doesn't discount a higher offer from CASA if the 75% isn't there. Lots of insto/large buying still, so I doubt the whole thing will fall over.