something i can not understand here!, page-42

hi highopes,

I think there is a pattern there in my posts. I am in favour of a "wait and see" approach rather than delaying any action (these are 2 different things) due to the fact that too much is unknown at the moment.

I am not saying that we have to wait till Dec before doing anything, wait till there is a clearer picture of the majority of SH who would vote for or againts the 2cents offer. If majority votes for the 2cents offer, then we would surely need action to be done.

If the TO is approaved, ASIC will still have to approve the TO offer, so ASIC will still have to review it taking into consideration our complaints.

I am on your side, I reject this TO offer due to the low 2cents. I guess all of my main points here rest on the fact that I expect Lion will come back to re-bid at a higher price. If they re-bid at fair value, then I will reconsider my position.