Ann: MVT: Proposed Proportional Off-Market Takeover Bid for BAU, page-3

I think you are double dipping there. MVT wants to acquire 1/2 your shares for 9c. So 1/2 disappears and you get 9c cash. Of the remaining 1/2 they then want to give you 6c, plus whatever they can generate from selling assets.

Seems pretty marginal for MVT to me. Not sure what their angle is, but one thing for sure they are not doing it for charity. BAU pretty much trading at cash, plus their 2 properties, plus whatever their resources are worth....