cqt merger with cah = ??, page-11

That's a very interesting question you ask Magpie - who did approach who? I'm assuming post# 7116665 was alluding to the change of control clause in the EGM paperwork from last year?

Or were you referring to the INTEREST FREE, NON RECOURSE LOAN from the company for certain directors to exercise their options? Either way, it is not good! Maybe this merger/change of control is just an amazing coincidence. But then again maybe it isn't??? One things for sure this deal has an awful smell about it.

Vic your comments are also spot on. Unfortunately the 'ordinary' shareholders unconflicted interests don't seem to be the key reason for this deal. Isn't it interesting to look at other deals some of these directors have tried to put past their 'ordinary' shareholders lately? Again, maybe just an amazing coincidence, but then again maybe not?

Boydie, who knows what would have happened? The former management probably could have achieved a similar unimpressive dud result, but at least without the over the top personal largesse and without the millions of dollars in CQT shareholder funds being shovelled out the back door to advisors, lawyers, independent experts, vested interests and the like!