"Mr Dunstan and Mr Woodfull would exchange their combined...

"Mr Dunstan and Mr Woodfull would exchange their combined holding in Bravura of about 30.57 per cent for a "combination of cash and shares" in the new holding company"

Seems they know how to look after their own interests. Very poor credibility for these guys to tell other shareholders to take a token amount of $1.73 while they get shares in the new company. No wonder why they are recommending the bid.