VOTING

Okies - first up this is my personal point of view - after some long consideration and digesting a lot of information

The current board would like SH to vote one way, and most believe the board right now is PRC aligned

APAC would like SH to vote the opposite way - leading to an APAC board

We have 2 major cornerstone investors at logger heads, holding a considerable amount of shares
All we know is that both parties have "ulterior motives" they are following - not going into detail - and not necessarily for the good of retail holders.

ONE possible option to prevent ongoing legal proceedings (RI etc) would be:

Let APAC get their 2 directors - but retain the other 3 they wish to remove (Proctor supposedly is going to retire, giving the chance of an independent director)

Why?
Let them trash it out at the board room table - stop the acrimony - come to a deal.
IF neither party can persue their "goals" outright - may be the best way to benefit retail holders ?

At this point in time I believe neither party is the "good guy" - so letting them sort themselves out seems to be a rather delicious solution.

JUST an OPTION - not a recommendation

Geoff is going to post on all options available