That is why this proposed takeover at 60c is not a fait accompli. The proposal is conditional on a due diligence. It may fall through because of this yet to happen class action:
http://www.smh.com.au/business/class-action-threat-adds-to-sigma-pains-20100421-t026.html
That is why the stock is not trading close to 60c.
That is why this proposed takeover at 60c is not a fait...
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