t/o offer

SIR holders are still out of pocket with this take-over offer. After two weeks of trading our value continues to deteriorate. It will be interesting as to what the insto's and 'sophisticated investors ' are thinking at this stage. They will probably look at the long term merits of the play and accept the initial losses which will be at the expense of smaller investors. There is plenty of time for IGO to regain the initial offer's sp but will it? Retail investors will have an insignificant say in the outcome.