same outcome for less dilution+board benefits , page-2

The ECT board have put all their eggs in the Monash basket. If this deal falls over, then so does management...reputations damaged forever. If you were in a position like ECT management, would you take the risk of dealing with a third party that could ruin the rest of your career, depending on the outcome?

One would think it's too late in the piece to start dealing with other parties willing to tip in millions for the CDP. Management have stated they have done their due diligence on Monash and are satisfied the money is there and will be delivered. What are the repercussions for management if this doesn't work out. Remember one strike already at last AGM. It would easily open up the door for strike 2 at the next AGM. Managements reputation rests on the next few months.

Some have asked who are Monash? I would like to ask who is ECT management and what is their claim to fame? Are they all talk and no trouser? Do they have cajones or chick peas? Villains or heros? Time will tell hey...