plan of action, page-14

hi Londoner,

Yes, I believe ASIC should be involve if this initial T/O offer is sucessful as 2cents is way too low. If Lion could offer at a higher fair value offer, I would rather have Lion run SBL than Bill and co.

Atm, it seems that the board is acting on the interest of Lion and Lion's shareholders at the expense of SBL's holders. Bill and co. (excluding Infinity) might not have much of a choice in supporting this as I have mentioned reasons in my previous post

http://hotcopper.com.au/post_single.asp?fid=1&tid=1578111&msgid=9039651