bta board dismissed substantially higher offer, page-21

Port,
Our Australian court system is one of the faster system worldwide.

BTA spend millions of $s in legal fees and the Directors would certainly have been advised by legal council that it could take years.

EVERY company of GSK size would employ all legal tactics to delay and there is nothing that can be done about it.

But to forgo a $100 M settlement and then settle for $20M after spending $35 to $40M in legal fees reflect plain incompetence or could it possibly be something more sinister?

All shareholders experienced so far is a board bumbling from one disaster to the next and dilution of capital from executive share options.