I would take a 4 for 1 with aut as a counter, that would be nice. That would require sea to up the anty to a 3 for 2 offer but that would dilute them to much and I reckon they would pass. Or how about a deal with bhp maybe 30 for 1, bhp wouldn't even have to ask for shareholder approval.
Either way happy to be on a path to somewhere, even my optimistic outlook has been dampened by these clowns.