We were 4.5c cents... before the deal They turned down outside...

We were 4.5c cents... before the deal

They turned down outside insto interest from upwards of 3.5c

Unanimously recommended without any apparent due diligence an offer 30-50% below the market price

with overlapping directors

overlapping cornerstone shareholders

the same boutique investment banker

suggestive broker data months prior to the deal

suggestive shareholders movements in the year prior

with official releases a mess of inconsistent dates and coincidental ownership ratios.

Now look... 2.9c and an offer for 60% less AVA.

Clever managers? I guess it depends from which side your looking.