Ann: Takover Bid - Letter to Shareholders , page-2

It would be refreshing if any rationale Ucl holders receive from the board and management of both Mak and Ucl is honestly taking into account the benefit of shareholders and not just board and management.Hopefully Ucl holders will believe in strength in unity.Whilst Mr Drummonds determination is admirable I wonder how he would feel if the shoe was on the other foot that is if he was a long term shareholder of Ucl.Would he think it then such a fair offer.It seems Mak needs ucl more than we need them.Personally I am in no hurry.Shame I didnt pick more up on market last few weeks.Hope you picked up enough Seals to make your vote more worthwhile than mine will be.Hopefully there will be strength in the unity of us little guys.Good luck long-termers.