Fair enough I sympathise with holders, that price range is a...

Fair enough I sympathise with holders, that price range is a 200% premium on the 6c SP when the bid was launched so MAQ will have to really want BPF badly to meet that price. I guess we will find out one way or another.

It does confuse me a bit that the board has enlisted "experts" to advise them on the bid. Surely the people involved at BPF are best positioned to see where the business us at and where it might be in 6 months time based on the business plan?

To me it looks like the board saying "we don't want to be the ones upsetting holders by saying yes to this deal, so let's outsource it."