When I had dioro and we received takeover bids from ramelius and...

When I had dioro and we received takeover bids from ramelius and avoca they kept saying do nothing until we finally got taken over, they offered no advice or comment as to why we shouldnt do anything, even with the increased take over price i got 50 per cent of what i originally paid. i had hoped they had learnt from that. obviously not. it seems too hard to write a quick statement to keep shareholders in the loop. i would assume they had the clearance letter by now and could have put out a memo stating that