I refer you all to the top of page 15 of the Bidder's Statement...

I refer you all to the top of page 15 of the Bidder's Statement where the question is asked:

What will happen if I accept the offer?

Answer: Once you accept the Offer (even while it remains subject to any conditions), you will NOT be permitted to sell your ELM shares on ASX, accept any OTHER offer or otherwise deal with your ELM shares.....

Comment: So, by accepting the offer now and not waiting until as late as possible you are effectively handing over control of your shares to Dingyi who can then use your shares to vote AGAINST accepting a more favourable rival bid that may eventuate.

That is why I am not handing over my shares now as there is no advantage whatsoever in doing so. All I'd be doing is giving unnecessary control over my shares to Dingyi who would not act in my best interest in the event of another bid.

Be very careful folks.....