The board has to present every offer that they receive as per...

The board has to present every offer that they receive as per ASX listing rules. But they have accepted the offer and put it forward to shareholders. With a lot of holders being management that received their shares for free.

I just hope Fidelity holding about 10% and some of the other large holders that paid for their shares don't want a quick exit especially considering it probably represents a small percentage of their own portfolio.