Ann: Independent Expert opines transaction is fair and reasonable, page-35

I would suggest that most if not all here on HC have some reservations as to how all this will eventually pan out. That said the EGO/ERM proposal to shareholders has the only possibility of enabling EGO to move forward to take an advantage of the beginning of WA's domestic gas shortage from 2016.
I am certain there will be further announcements before the AGM to allay some of the fears shareholders still hold.