Shareholders Action Group announcement:, page-17

IMHO,

1. Unless there is some "Contingent liabilities" in relation to Morilla, it should be a straight forward sale.

Moreover, this sale is for "Nominal" value. So you can't get something worst than that - unless for the above reason (could be why this has dragged on for so long???)

2. Getting a Class Ruling from the ATO should be pretty straight forward - any lawyer or professional accountant can apply for one.

3. Sale of LLL shares or distribution of LLL shares can also be accomplished by a small team of lawyers and accountants. The company can appoint one of the big 4 accounting firms to complete the task; boards of companies big or small do this any way - its not like they personally do this for shareholders!!!

I guess the biggest fear is fear of the unknown!!!

And its a reasonable fear - you are down a lot and you fear losing more.

This is where the Potential New Directors need to explain further, on their objectives and plans on realizing value for current shareholders!!!

AIMHO