We're probably better off voting no first and forcing the BOD to renegotiate a new and better deal for all SLR holders and then voting yes on the new proposal. I highly doubt that if we all voted no that they'd just drop the merger, especially when the overall sentiment seems to be, if they give us a bit more that we'd vote yes.
Something like 1-4 would be around a 20% premium to SLR holders compared to the current 5-10% currently being offered.
SLR Price at posting:
$1.42 Sentiment: Buy Disclosure: Held