Two articles in today's AFR. One says CHAMP/Headland are unlikely to make a takeover move- if they do at all- until results come out.
The second (for AFR members or take a free trial):
http://www.afr.com/p/business/companies/miclyn_directors_get_ultimatum_OeKzEQnzauVB4qlozdwgIJ
says that independent Directors, Hamilton and Venardos, got a letter over the weekend, by the majority owners, demanding they resign.
