Can we talk about the UGL offer issues?

Not sure why there is no discussion about the UGL offer. I hold shares that cost me more than the offer. I believe that UGL continues to be a good company and I have anticipated a good recovery in due course. Now I see an opportunistic offer that is a miserable $0.04 above the bottom of the experts range. More concerning is the majority directors recommendation to sell, with the probability of them selling themselves, and reducing their commitment to the company, even if the offer is not successful. Its a shame that Mr Kaye SC's resolve is not shared by the rest of the board.