http://www.couriermail.com.au/business/predator-crown-financial-s...

http://www.couriermail.com.au/busin...f/news-story/486ad9b3e548f550d815391aa8b96725

Ok so obviously the courier mail got this letter which is interesting because they have covered the surfstitch story (and I suspect because they are getting inside info). Crowns terms are pretty absurd and really only aiming to put pressure on the board and company. Making an offer that values all the existing businesses less Surf Hardware at under 13 million dollars is pretty funny. Not exactly sure why they needed to halt to deal with this.

Crown are looking like shitty shareholders. There should be a law against buying a company or shares in a company with which you are in the process of taking legal action against as it's a recipe for conflicts of interest and insider trading.

I mean say crown decide to not proceed with legal action against SRF, they are in a position to have access and trade on price sensitive information prior to it hitting the market.