Of course Zhaojin thought they were being very clever (stupid in...

Of course Zhaojin thought they were being very clever (stupid in my book !) in asserting that their offer of A$0.58 would look very good if the gold price fell by 10%. In fact it is now very relevant to look at how good this offer looks at the current spot gold price. Page 4 states "Tietto has requested that the Independent Expert confirm its valuation range at the current spot gold price, which the Independent Expert has indicated to be A$0.89-1.008 per Tietto share." This makes an absolute mockery of the A$0.58 offer and I rest my case.