Aflatoon,You may notice that I am in post consol, from an...

Aflatoon,

You may notice that I am in post consol, from an earlier post.

No, asic won't be of any assistance, as there do not appear to be any Corps Law breaches or regulatory issues. If asic investigated every case of massive losses, they would be a lot busier that they already are. (One could insert one of several jokes here, but I won't).

Only avenue is to vote no.

Depending on how much work you want to do.... In other situations, shareholders have obtained the share registry (which you are entitled to get) and written to the shareholders expressing an opinion. In this case, you could argue for a higher offer, see below thread "highway robbery". Emphasis on could. Would need to introduce contrary information to Lonergan report (i.e higher PER multiples than the position in range they chose at p93-64).

IMO you could argue for up to 85-95c.

Whether the argument would convince either of the other shareholders to vote 'no' or Network Holdings to up the ante?

Possibly even this is not enough to soothe some of the angst you feel.

Why should you sell at the loss?? The process would be compulsory if the minorities vote yes.

f111