Very poor info has being made available here regarding the...

Very poor info has being made available here regarding the impact of the Intueri IPO on AWN. The whole process has been rushed in my view. The explanatory memorandum should have spelt everything out in its first version.

We have a $130m company selling 90% of its assets and the Explanatory Memorandum has barely 4 pages devoted to the impact on Arowana with not one pro-forma balance sheet or profit and loss statement in sight.

The four reasons why you might vote in favour could have been written by an intern. 'The transaction will provide funds required to complete the acquisition of Quantum'. So AWN couldn't have raised equity in this bull market?

They give 3 reasons why you might vote against the transaction, all three are my point of view.