oh comrade Penrice thoust doust suffer from extreme case of premature elaboration...
You obviously have not read the two responses from VAN today!!!! one refuting the Stanton report based on theIr total failure to adopt industry accepted methodology on valuatIons , the non disclosure of a severe dIrect conflict of interest and a total misleading assessment and nonsensIcal conclusion for DAU shareholders to reject the Offer ..especially when DAU shareholders are stIll reelIng from the "Independent" report on AurIgIn Foods advIsing DAU shareholders that the deal "was not faIr but reasonable" which subsequently led to a non arms length loan of $500k beIng classIfIed by the same audItors as DOUBTFUL! HOW In the hell does ASIC allow thIs to happen???
The releasIng of the details of the Billabong lawsuit is at best ironic if not farcical as the entity at the time of the dispute around the Ore Treatment Agreement was DPPL a 100% subsidiary of DAU !!! regardless the claim IMO is ancient history and groundless for both parties...which makes the timing of the release interesting ! (maybe I am too cynical )..
VAN Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held