All he needs to do is BID.But he has not… he can not get the...

All he needs to do is BID.

But he has not… he can not get the money for a bid.
He has the money but will not use his own.

Under his stewardship he has driven the share price down from over $4 to $1 over the past decade.

He has the cash but appears not to want to put it in a bid…so all he is doing is wedging to get a higher offer.
I would be happy with an increase.

But if his strategy is successful, we will lose a very competent management and be hostage to his poor management.
It’s time he moved on.

If this is such a cheap acquisition then where are the raiders buying 10%, 20% on market.
They are not there because they do not see an opportunity. Wyllie could buy 5% more and swing the vote…but has not.

One lesson I have learnt is, take the Bird in the Hand…there ain’t no other.