I'm not overly worried about what is decided regarding the...

I'm not overly worried about what is decided regarding the external auditors recommendation. Given they are *external* their recommendation should be free of bias. The external auditors recommendation was not even necessary, major shareholders had already shut down the offer so I'm not sure why MAQ is bothering with this.

The SP will not halve if a TO isn't successful, now who's scaremongering... Shareholders have become more aware of the turn-around of the business which supports a much higher SP than previous lows, the takeover offer just got us there more quickly.

If anything this has put me off MAQ as an investment. Fair play to look for acquisition opportunities, but the offer seems to me to be pretty dead, now they're just beating a dead horse. Either come up with something better or move on...