smart move by the directors, page-3

the net after tax result is dismal - nearly everyone on for the u play will forgo the 12 mth discount given the date they acquired the tenement

to sell out so early in the game - why would you?

to sell your company short? why? if you don't value it are you sure someone else will?

as a seller you have given the initiative to the buyer - to act in the best interest of the buyer

a bidding war may not eventuate and then what? accept 1.10 in then pay half the gain in tax?