Well who knows if there could be a class action if they have...

Well who knows if there could be a class action if they have mislead shareholders on the potential of the business. To justify that TO SP they will need to underplay the potential of the business and directly contradict their on record guidance at AGM and other investor presentations.

They obviously have their paid for independent valuation matching up the the current SP, but I expect they will be forced to get another one if enough shareholders kick up a stink. End of the day, they won't have the numbers to get this over the line. 75% is a big hurdle.