don't sell & some questions, page-41

It is very clear SBL's management is supporting the takeover, and perhaps a little too eargely is all I will say....

So hence I won't be accepting the offer on basis valuation wise it is ridiculously low and sp be manipulated to make it look attractive. Fact is downside risk cf to that offer price seems very low despite the sp trading prior to the offer at 1.3 cents (and now we know why it was!!!!)

All in all always good to see a takeover offer even at 2 cents......as it means another major player (they are not a small mob this Singapore mob) has seen inherent value in the assets SBL has...

So of course they are going to try and get it for a steal...and why they have that clause as will be tough going to convince shareholders to let this go at 2 cents a share particular for bigger investors who have done their maths/research....